BP fam, quick question, I have owned a single fam property for 30 days. I paid $24500 cash and but $10k in repairs and was intending to rent but I have found a larger rental opportunity. Can I 1031 exchange it? I have...
I recently learned that a syndication can sell (or refinance) a property, and you can withdraw your funds (and yourself) from the syndication. Also, though very difficult, the syndication can 1031 into a larger proper...
Based on the numbers a house I am looking at is a great deal. But it is in a flood plain and will require flood insurance.Is buying a house in a floodplain crazy? Should I run away?
Here is my scenario:- I sell my duplex which I owned for 7 years - I lived in the 2/3 portion and use the remaining 1/3 for rental all 7 years- Selling price 1 mil.- Am I correct that I can 1031 the 1/3 rental portion...
Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times. Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone ...
Im considering purchasing a new primary residence. To fund it, I would sell my current primary residence and potentially one rental property (havnt decided which one, unfortunately I do not have one I have lived in f...
My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
Hello Bigger Pockets,I will start this off by saying biggerpockets has given me 80% or more of the knowledge I've obtained about real estate investing. I've listened to almost every podcast, read multiple articles/boo...
I received an inquiry from someone wanting to view a 1bed/1bath apartment with 452 sq.ft. It's very clearly labeled and described, plus the pictures make it clear that it's a small apartment. Here's the kicker: her an...
1031 exchange help needed.. So everything I read about 1031 exchange is the same general information. My question is in particular to multi family real estate. If i were to purchase a 50 unit trailer park, does the ru...