Jonathan Billing
Buying 1031 exchanged properties from family members
Hi I'm wondering the possibility of buying a property from my father in law who lives out of state. He would be doing a 1031 exchange for a house he currently owns in his state to a house out here for us to rent in WA...
Terry N.
1031 Exchange - Exchange for propety of lesser value?
"Property" not Propety...Sorry if this is a redundant question. I seriously searched for answers to similar question. I have a SFR that I've purchased in 2008 for $250K. After repairs It will likely sell for $400K....
Gilles D.
1031 and FIRPTA
Hi everyone!I am close to listing one of my properties that thankfully has appreciated a bunch over the past couple of years.A couple of things I was wondering about in regards to the sale of this property, I plan on ...
Josh Acuff
Can a real estate holding LLC serve as a 1031 exchange?
I am about to establish my LLC for my real estate holding company. I had a potential investor ask me if the LLC could serve as a 1031 exchange as he was about to sell a property but doesn't have another property lined...
Sattir Bitti
What happens to Passive activity loss on 1031 exchange?
Hi,When 1031 exchange is performed, what happens to the Passive Activity loss on original property? We have considerable PAL and good equity on the original property, wondering what happens to this loss after the exch...
Guy Yoes
to 1031 or not to 1031?
I own two properties where I live. I may have to move to another state where I have a property there.Do I have to do a 1031 exchange to not pay taxes or can I just sell and buy within the required time frame?Both prop...
Logan Turner
Can I sell a note and 1031 it into a property?
So I have a question for some smart people out there. I own a note (seller financing to a homeowner) and I'm interested in selling my note on a discount and then with the proceeds performing a 1031 exchange into a ca...
Dani Beit-Or
How Would You Structure A 1031 on a Primary?
If my wife and I own our own house which have appreciated well over 1 million, and I would like to use a 1031 exchange in order to defer taxes - I have these questions, let's assume we purchased it for $1 million, and...
Qi Ming Chen
Using 1031 exchange proceed for partnership
Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
Konrad R.
Is a 1031 exchange a good option?
I'm selling a property (land) and would like to defer taxes. I've been doing some research on 1031 and do not know if I even would qualify. One thing I have read is that the title must mirror one another (sale and new...