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I am selling 1 of our rentals- a single family house and would like to 1031 into new construction. I have the land and plans for the new build. Is there any way of doing this using 1031 exchange?The new build will be ...
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My father is in the process of selling a property in North Jersey and the closing is hopefully going to be in the next 24-48 hours. Is there any 1031 QI Agency who would be able to work in that timeline? Extremely las...
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I would appreciate your information and/or your input on a CPA in the Riverside/San Bernardino County area of southern California with some specialization on 1031 exchanges in real estate investing; I am looking into ...
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Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
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BP family -Hope everyone is doing well. I'm completely confused please help me understand this 1031 exchange. I have a cash buyer that wants to buy one of my rentals property for 234K that I purchased 10 years ago fo...
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I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
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Hello!My business had a recent shift of direction and strategy for our company, and it will involve us selling all four single family properties we own. I am wanting to transition into multifamily, and doing so will a...
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There's a plethora of articles about how to use seller financing to sell a relinquished property, but I'm selling a property and would like to acquire a replacement property with seller financing. In this case, woul...
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I own a lot currently worth about $850,000. I want to sell it for $1,75 mil with a contingency that I would design and build a house on the property to suit the purchaser. I would ask a down payment of $300,000 follow...
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Do I need to use a commercial mortgage/note to buy a replacement property on a 1031 exchange?I sold a property, used a 1031 qualified intermediary to hold the funds, and now I want to buy the replacement property. I ...