Michael Liddicoat
How to purchase a portfolio and avoid tax penalties
I'm a realtor who helps investors to purchase income properties. One of my clients is looking to purchase the entire portfolio (51 doors) from a seller. The seller is looking to avoid paying a large chunk in taxes. ...
Andy Lanyi
1031 exchange not investing all $. Will that $ get taxed?
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...
Kyle Ritt
1031 duplex into commercial multi family
Hey everybody I have a duplex that I bought in 2016 and lived in for 2 years before moving out and renting both units. I bought it at $266k and it’s worth over $400k now. My goal is to partner with somebody who has co...
Brendan Blake
Pumping Cash flow back into mortage
Newbie to the site and was wondering if someone could shed some light on the pros and cons of instead of taking positive cash flow out of the property, to in turn use a shorter term mortageg with higher monthly paymen...
Jordan Akins
My dad needs help with his decision to sell his apartments.
My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
Daniel Antonetti
1031 in a duplex that I live in
I know that 1031 exchanges are only for investment properties, and that you don't have to pay capitol gains on the first $250000 for your primary residence (if you're single).So if I have lived in a duplex and rent ou...
Joshua Kim reid
Question about the use of 401(k)/IRA in Real-Estate
Hey everyone! I was wanting to know if anyone would know the benefits of utilizing a 401(k) (if possible), as well as the uses of a IRA of any sort. Any and all feed back is appreciated!
Michael Morrongiello
Can a Seller Finance a Buyer with TERMS and then STILL COMPLETE a Tax Deffered 1031
I am familiar with 1031 Tax Deferred Exchanges. However this issue came up;EG. Selling a FREE & CLEAR Investment property for $500KNow if you as the seller are doing a 1031 Exchange and SELL this property and hav...
Kevin Christensen
1031 Exchange on a Cash-out Refinance????
Hey gang. I was thinking about this and curious if its possible. Has anyone done it? I have properties under contract that I want to purchase. Can I do a 1031 exchange on a cash-out refinance or does it have to be...
Julio Gonzalez
Ready to Exit Your Rentals? Consider a 721 Exchange
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...