Daria B.
1031ing into a property that needs some rehab
Hi
After finding this as one of the alternative 1031s on @Dave Foster pdf overview I am thinking it’s a strategy I can look to rather than finding a ready-2-rent property to buy.“Improvement Exchanges allow you to pu...
Robert Jordan
Looking for advice on current rental properties
First post on BP. I am looking for advice on my current situation. I have two rental SFH properties in the downtown Denver area. Both properties have leases coming up in the Fall of 19'. The properties will have been ...
Dwight (Matt) Mathews
Matt from sunny SoCal
Investor/Buyer Agent Advisor in SanBernardino County/Yucaipa Ca. I work exclusively with new and seasoned Investors. I also specialize in showing Investors how to set up and buy, sell, & exhange Real Estate in S...
Khemaro N.
looking to do our dirst 1031 exchange
Hello All,We’re going to sell our triple decker in Rhode Island this year and would like to do a 1031 exchange. Can someone explain how the process work step by step. Thank you very much
Paul D.
1031 exchange just profits or all proceeds
I bought a house for 60k and am selling this month net me 80k and want to do a 1031 exchange. Do I have to escrow the 20k profit only or the whole 80k proceeds from the sell? Do I have to buy a property to defer taxes...
Eric Fullam
Tax question Seller owner financing/gifting
Family member A (seller) is selling to family member B (buyer). If family member A wanted to avoid tax penalties, could they gift or owner finance the home to family member/buyer B and buyer B turn around and refinanc...
Gary Van Horn
Wholesaling in Illinois
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
Andrew Briones
Advice needed on 1031 exchange
Hello and thanks for taking the time to read and putt in your input in advice in advance. Here is the situation, first off the rental property i will be using has about 125k in equity and cash flows around $610 a ...
Daniel LaMontagne
Looking to Invest in Kansas City Multifamily - Team Building.
I am looking to invest in a multi family reposition/cash-flow deal in Kansas City. I’m looking for mobile home parks or small – mid sized buildings. I am looking to take the first step in building a team in the area, ...
Ingrid B.
Tenant offers to purchase my property but ...
Hello BP members, my tenant who lives in the duplex rental I own has been offering us to purchase the property since end of last year. I ran some comps and came up with a number, twice. Last year price and last month ...