I am thinking about buying a new home with my 1031 money. House with be ready in time for closing. Agent wants to do paper work in my name. Then put my LLC on the title. Is this correct? My 1031 exchange is in my LLC ...
Hello BP! I am currently being offered to sell one of my condo units along with the entire building complex. I am seriously considering doing this, but not sure if it would be the smart move and/or if I can do a 103...
There are two properties, the investment property to 1031 and my primary home. I need $100k out of the investment property to lower the principal on my primary and refinance it. I am already planning on selling the in...
I've been going back and forth on selling my SF 1 bedroom condo in a 1031 exchange for a duplex-like property in South LA. I'd really love some thoughts from the BP community on this. Let me give more details to ...
Any BPers have experience with this?Considering transferring a property with no debt into a single-member LLC in California. It will be structured as a capital contribution, so no value will be exchanged and tax basi...
Hello,I want to sell a SFR in a 1031 exchange to put towards a 12 unit CMFR and finance the rest. A conservative estimate for the value brought to the exchange is only about 150k after paying off the existing debt and...
Many top investment/capital companies are shorting the CMBS. Any thoughts?
I've got two homes that we bought 50cents on the dollar brand new. Paid 210K for both value approx 400K. Cash flow 400 for both. I'm thinking about selling (1031) and putting into some properties that cash flow ...
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...
This month has been a first for me. I am not a seasoned veteran in real estate, but we do have about 10-12 purchases over the last 10 years. The newest deal has been utilizing a 1031 exchange. We sold one rental in Ca...