Looking for advice, looking to make a larger multi family deal in the near term but would also like to sell current SFR properties that have capital gains. Therefore looking at a reverse 1031 exchange. Is the below in...
Folks,
I am looking for anyone who has done a reverse 1031. In this you buy the new property first, it is held under a SMLLC title by 1031 intermediary and then you sell the existing property.
This eliminates the r...
A bit too young to do this now, but the idea intrigued me. Buying a 4 unit with a reverse mortgage. One could have rental income at the same time, monthly draw payments. Aside from some folks not wanting to be a landl...
Hi BPer's!!I'm thinking about doing a reverse 1031 exchange, since we have a little cash saved, and we have an investment property that will probably sell very quickly in this market. My question is at what point do ...
I wanna buy a property but the owner has a reverse mortgage. Is that gonna be a problem? Any info will help thanks
Ok trying to help a friend.
Might do a reverse Mortgage and spot the input needed on his behalf.
(The calculator per the underwriter shows an input needed).
My question is at the end of the seniors life, how do they c...
I found a property prior to selling one of my existing rentals.Does anyone have experience or can advise me on doing a Reverse 1031?Thanks!
Hey BP: I'm a little foggy on the step by step process of performing a 1031 reverse exchange, and I'd appreciate some feedback. Here's my situation: My sister and I will be joint-venturing to purchase a commercial ...
Hello and thank you for any advice. Here is the situation-I found a house I can purchase well below market. The owner would like to have six months after the purchase before vacating and will pay me the six months o...
I am looking at a property that has two structures. The main house 2+2 and the garage with a studio apartment located underneath. I want to live in the studio and rent the house. So I guess it's not "reverse" but n...