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Results (10000)
Rocky Griffin What is my 1031 Basis?
1 December 2017 | 11 replies

I purchased a home for $7500 at auction. I have put $25K into the rehab of this property and am about to list the property for $70K. What is the basis when finding a "like kind" property of "equal or greater value?" T...

Warren Johnson 1031 Exchange Question
23 April 2019 | 4 replies

I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...

Ian Berg 1031 from LLC to Personal? (Loan Requirements)
10 August 2022 | 3 replies

Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...

Warren Johnson Reverse 1031 Exchange Question
25 April 2019 | 5 replies

I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...

Craig Moreau Create an LLC for our first house hack?
22 January 2021 | 6 replies

Hey BP,My business partner and I are getting started purchasing our first duplex to live in. We have started other small online businesses as sort of a “side hustle” but never in the real estate space with real assets...

Marc Biedenkapp House flipping: business or investment?
15 May 2016 | 12 replies

Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...

Martha Daisley Help! Losing my ins coverage because of a land trust
15 February 2020 | 12 replies

Hi everyoneI recently added a rental property to a land trust under the advice of my attorney. Well imagine my surprise (and irritation) when the insurance company said it was not within their underwriting guidelines ...

Blake Dials Multiple Bank Accounts
27 September 2024 | 13 replies

If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...

Moshe S. 1031 my portion or total sales price
16 January 2025 | 7 replies

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?
Here’s why I’m ask...

Ryan Brooks Small Ocean front or larger offshore condominium!
12 December 2022 | 19 replies

I’m a first time investor and looking to invest in a second home/vacation rental in the Myrtle beach area. Does anybody have experience with beachfront smaller condominium complexes? Are they worth it? Lucrative? What...