A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Any recommendations for a great qualified intermediary near or able to service Tampa, FL? I deal with few 1031's, but interest is growing. Would like to connect with someone who is quick and responsive. Thanks!
Long story short this should have closed last week, but some crap came up from the bank underwriting. We're basically trying to save about 100k in capital gains tax so this is very important.....I'm on day 172 of 180...
I am trying to set up a deal whereby a few vacant lots in a subdivision are exchanged for a house of similar value. Is there a way to set this up without selling each property, but using some sort of direct swap? Pr...
What are the requirements (if any) for the purchase agreement when selling a property you want to enter into a 1031 exchange? I received an offer on a property and the buyers agent used a standard form type of PA. F...
I am selling my investment property through my company and what I like to know is capital gains is reported the year of the sale or 12 months from the sale? Is there a CAP on capital gains? If I reinvest the net pro...
Would it be wised to hold your just remodeled flip for a year to qualify for 1031 what do u think are the pros and cons?
Hello - I own a sfh that I rent out and my tenant recently expressed some interest in buying this home and I am interested in selling it, so it's a win-win. I have about 100k in equity in it and would like to know if...
Sometimes the market is just right and you find a great buyer. You unload the property, because how can you pass the offer up. I've seen some owners sit on that cash, very happy with the profit, but don't end up takin...
Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...