Zachary Nussbaum
Opportunity Zones- can anyone explain ?
A friend of mine brought opportunity zones to my attention and I have no idea what these are. Does anyone have a clear understanding of what this is? Some sort of tax deferment ?
Russell Sherman
Cashing out of high gain home
I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
Ashish Acharya
Qualified Opportunity Zones & Qualified funds to defer your gain
I was doing a research for a customer and realized Bp community can also benefit from this. I personally believe, Qualified Opportunity zones almost as effective as 1031 exchange. Trying to keep this simple and just ...
Bruce W.
Does President Trump's new tax plan threaten 1031 exchanges?
There have been many rumors from various sources recently about limiting the 1031 tax-deferred exchange. Now we see that the President wants to eliminate all tax deductions, except for mortgage interest and charitable...
Greg Ford
Can I use 100% Bonus Depreciation as alternative to 1031 Exchange
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
Derek Cheng
Partial release question
HiI purchased four properties under one mortgage two years ago. I am looking to sell one of them. Lathe mortgage company told me it would be a partial release. (I hope that is the correct terminology). my questions a...
Account Closed
Owner carry -- how to avoid boot -- and not blow up the exchange
Can anyone with experience doing an owner carry with a 1031 exchange verify the following?Do I need to use all my equity, plus the cash I bring to close, and put all of it into the replacement property?As a simple exa...
Lizz Praedin
10-31 exchange, how long do t
Can anyone tell me what they know about a 10-31 exchange? I have a property with tenants im looking to list for sale (long story but more of a headache). And want to reinvest my profit in another property...
Shefali Srivastava
Opportunity Zone investing question
Heard about opportunity zones where we can get tax benefits. There are organizations that have funds to assist us with buying properties in these areas. Not sure how this works and what are the benefits and how to app...
Achi Adamit
Can Vacant lot be Sold as a 1031?
My partners and I are in contract to sell a small vacant lot in Philadelphia for $35,000, which we bought a year and a half ago for $20,000. I know its not a lot of money, but I was hoping I'd do a 1031, but I was to...