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Posted earlier and completely messed up the term I was inquiring about...I meant a 1031 exchange instead I referenced a tax form 5498. Anywho, I own a condo in Boston and due to taxes because it’s no longer a primary...
I recently discovered a great opportunity to purchase a mobile home park with property, but I would need to 1031 exchange a single family home in order to purchase. I believe the exchange is possible, but eventually I...
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I'm new to the site, and looking for advice. I have a rental property, and I don't know whether to BRRRR or sell under 1031 exchange. Info on the house:
Purchase Price: $163,500
Annual Taxes: 500
Annual Insurance: ...
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I am currently selling a rental property(just signed the offer) that I have had for about 6 years and just realized that the capital gains will probably be pretty steep so I may want to do a 1031 exchange. I originall...
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I currently have a moderately profitable 3 bed/2 bath long term SFR that I plan on converting to an STR or an MTR... most likely an MTR as this is right next to a major hospital system with a lot of travel nursing dem...
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Two questions - can there be circumstances where a 1031 is a bad idea? And. Did anyone chose just not to do a 1031. And give the reasons.
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Hi Everyone,I am currently a member of a partnership in which I inherited my interests from a family member. There is a phantom income issue whereby the members are all required to pay taxes on their own personal retu...
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I need information on 1031 exchange company in the DFW area. ThanksChad Caldwell
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Is anyone in this awesome community done 1031 (who exchanged a small multi/SFH to 5 units and above and house hack one unit)? or maybe know someone who I can reach out to either an investor, RE agent or lender that sp...
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We are trying to facilitate a Reverse 1031 Exchange for a new client who resides in NJ, is under contract to purchase replacement property in NJ, and will be selling relinquished property in TN after the purchase of t...