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1031 exchange as thinking to sell my duplex in Atlanta. What are the steps i have to follow to do 1031 exchange. How many days i have to find new property. Any firm or person can help me in this process. Please advise...
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I have a SDIRA that has 3 property's in it. I am currently 65 yrs old and I am wondering what would be the best tax strategy to remove those 3 property's over say like a 5 yr period. ThxsTom
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Good morning,I have a 1031 exchange question I was hoping to get some insight on.I plan to sell a property I own by myself (purchased before marriage) and 1031 it into 2 new properties that will both be in the name of...
Say you find a distressed home with a owner willing to sell to you. The mortgage on the house is $100k, the owner owes $80k, and they take your offer of $50k. What happens to the $30k left on the mortgage?? This is al...
We're currently going through one of the greatest economic events in history due to the COVID-19 pandemic. Everything is unprecedented and no one knows what's going to happen in the next few months. But during these t...
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Would you sell stocks for a down payment or use home equity to finance an investment property?
Background: I purchased my home for $325k. Put $185k down. Comps in my neighborhood are selling for around $430k at this ...
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I’d like advice on where to take my down payment from.I’ve got a paid off house I can get a heloc onI’ve got a 401kI’ve got a savings accountI’ve got a brokerage account (might have to sell a couple stocks to have the...
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My wife and I have just started building our rental portfolio and plan to add 25+ properties in the next 2-3 years. We're closing on our first deal this coming week and don't have an LLC setup yet. We're absolutely pu...
What are some creative ways to search the MLS for potential seller finance deals? Any filters you recommend? Criteria you look for? Etc.I have access to the MLS and really want to take advantage of it to find deals an...
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Hi all,I am a Newbie first-time homebuyer/landlord here, hoping for some wisdom from the community.I bought my first primary residence in Nov 2021 for $850K (20% downpayment) in San Pablo, California. I lived in it fo...