Hello,  about to sell my rental property which is not in an LLC and just in my name... Does this still qualify for a 1031 exchange as I am looking to hopefully upgrade into another property... Is there anything that s...

Looking for info on anyones personal experiences with 1031 exchanges.  Also anyone who can recommend a Qualified Intermediary in Los Angeles County.  My property is in the South Bay area.

Hi BP, close to two years ago I quit my full time job and started flipping houses full time. I have not yet encountered a tax year where I've had to work through and claim income for flipping, but that is coming up in...

Hi there! Am looking to do a 1031 exchange from New York to Austin, as we love the area!  We are looking to invest 450 to 500K (equal or higher value from our relinquished property).  Our real estate agent showed us b...

Does the seller credit I get on my closing statement in a 1031 exchange "reduce" the purchasing expenses or do I reduce the sales price (fmv). These tax softwares do not make it clear where to enter what.

Hi- I'm been a RE investor for 15 years- mainly SFHs. I'm about to sell a condo and plan on my first 1031 exchange. Possibly to a large SFM vs quad. I'd like to make the process as seamless as possible. Any advice on ...

Can anyone help me with a 1031 exchange in Illinois?  This will be my first go at it.  What fees should I expect?  What lessons have you learned that I should be aware of?>Closing Date On Sale: 10/27/2023> Sale ...

Hello All,Here's my situation:1st unit - no mortgage2nd unit - has a mortgage3rd unit - looking to buy and use as a primary resident for a few yearsQuestions:1) can I 1031 x/c the 1st unit to pay off the mortgage of t...

Hey everyone, this may be a silly question with an obvious answer, but is it possible to use my Real Estate LLC as my 1031 exchange qualified agent?

Folks, I have a question about a scenario.   Bought SFR at $235k (Depreciation base: $200k)  in  2016.  The property depreciated for 7 years  Loan on property: 200k ;   Current market price: $360kIf I do 1031 exchange...