Hey all! I have a question for the pros out there that might be able to provide some guidance for me. I am creating a 5-7 year plan of action for my family. The end goal is to have a piece of land with multiple houses...
Hey guys I need some quick advice and I am getting deflective answers from my CPA. Here goes:I sold my rental property earlier in the year and performed a 1031 exchange. I bought a new rental property months later, ho...
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal. It often feels like either selling high and buying high, or selling low and buying low. I sold one pro...
Hi, need some advice!Next spring I will be putting my flat in London on the market. I bought it in 2010 with a mortgage (a private loan from a friend) the price has almost doubled by now, and as I got married to an Am...
Hello BP Community!I have a client in Columbus, Ohio who is doing a 1031 Exchange for the first time and wants to get started with a Qualified Intermediary. Is there anything that my client should look for or be care...
I'm going to be doing a 1031 exchange sometime in the next few months. (existing tenants will buy a rental property -- exact date not set yet.) I plan to roll the proceeds into a 1031 property. However, I just saw ...
I attended a recent webinar where a syndication principal was cautioning about the 1031 exchange ability of LP and LLC entities.He was saying the they must have a TIC form in order to conform to the 1031 rules. Speci...
Have you ever identified more than three replacement properties in a 1031 tax exchange?
Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.