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Hello BP,I’m trying extremely hard to get creative enough to make a deal work for seller and their family here in San Diego (lead came from hand written cards FYI). My wife and I would really like to owner occupy one...
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Hello everyone. I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over ti...
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Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
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Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
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I currently have a tenant that is renting for $1300 a month, however they want to purchase the house. I was thinking of renting for $1900 a month for 20 years, after 20 years the house would be their's, has anyone el...
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Happy Friday everybody,Just reaching out as spring/summer approaches I'd like to sell my current three-family property, I should profit between 300k-350k low end/high end. Just going to say how I believe the process w...
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My wife and I own a townhome in Culver City, CA that is appreciating very well but not cashflowing. My renters' lease is up next summer and I'd like to do a 1031 exchange into a multi-family property. Right now, our l...
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Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
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I have another scenario to discuss. Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary. So here is the scenario:Sold Property for $85,500, original purchase price was...
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Thank you to anyone who takes the time to read and reply to this post.My name is Austin and I am 27 yr. old territory manager for a medical device company living in Memphis, TN. I’ve read numerous real-estate investin...