can a investor sell 7 propertiesAnd use a 1031 to invest in a single property, I.e. Apartment complex??
Hello everyone,I am having trouble getting answers regarding a split use property that I am about to purchase. The property only has one house number and per appraisal is a single family residence. However, there are ...
Hello all. I've been investing in SFR rentals for the past 8 years and looking at other options. In order to take the leap and commit to taking action, I decided to sell one of my SFR in order to 1031 exchange it in...
I have begun gaining some traction getting deals under contract and have started accumulating a small buyers list. I don't want to be wholesaling long term though. I want to be developing my rental portfolio for long ...
I will be selling a few rental properties in 2021
Appreciation has been kind to melooking at approx $750,000 in profits
besides 1031 any way to reinvest and delay paying the income tax on these sales?
Hello all,I've seen plenty of amazing posts surrounding ideas and opportunities but as a people person, I am currently seeking to find members in the Tampa area. I have been unable to find any local events and was cur...
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
I'm currently rough planning to purchase foreclosures on the courthouse steps (up to around 4 per year) with the desire to fix and flipping them within a 90-120 day window (notice I didn't say intent there). The plan ...
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...
Is this possible?
Sale 7 properties (some with liens/ some without) to the same person at the same time.
Place all left over proceeds with the proper 1031 agent ( closing attorney).
Use all the left-over proceeds...