I've read some online resources but still have a lot of questions. Here is the first batch of questions:1. One intermediary my CPA recommended says this on their website:
[First, set up an account] "Second, via an e...
My husband currently owns a paid-off townhome near Charlotte, NC, which is currently being rented out and generating steady cash flow. The lease is about to end, and we are considering selling the property and utilizi...
Hi all, We have a property built in the 70's, bought at 200,000 worth 600,000. The area seems to be up and coming. I don't expect it to ever lose value due to close proximity to the interstate, DTC, and lots of re...
Any recommendations for lenders that are familiar with the reverse 1031 exchange?
Does anyone have experience willing to share using timber land in a 1031? I am curious to how it could potentially be advantageous to someone looking to simplify their portfolio.
Hello again bigger pockets. I have near 200k in a 1031 exchange account and limited time to find a new property. Looking for 6-8 units that will cash flow. Still don’t have any leads on any thing so figured I’d come t...
Bought a house that I am flipping. Can I do a 1031 exchange to find my next flip?
Situation: Grandma is moving out her longtime home in Foxboro Massachusetts a suburb 45ish min south of Boston. It is a 3 BD / 2 1.5 BA House with (market rent $2,300) an attached 1 BD 1 BA in law currently renting ...
Dear all,I am currently selling one of my investment properties and am interested in a 1031 exchange. Could anyone recommend a reputable 1031 exchange company? I would greatly appreciate it.Best,
Jenny
Hello everyone. Have a friend with the following scenario: Purchased 3 family house. Purchase price, rehab costs and holding equals $700K. Each of the 3 floors will be sold as condos for $350K a piece or a gross prof...