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I am currently in a situation where I am trying to help a seller who accepted my offer with a 1031 Exchange. Unfortunately he was informed that because the property he wants to exchange is owned by his in-laws he wil...
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i am relatively new to BP & have a pending 1031 exchange involving CA(property to be sold), & out of state (replacement properties -still looking). How do you synchronize the timing?I am looking at some turnke...
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Hi everyone. I have a NOO 3 family (soon it will be the only property that I own) and have been considering a 1031 Exchange to buy an OO multi-family. NACA requires that applicants not own other real estate in order ...
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Hi, I have a question regarding the 1031 Tax Exchange and if my parents are able to use it or not. My parents own two houses in Washington State and are looking to get rid of one of the houses. It has about 10k left o...
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I own a 7200 sq ft retail center in Oklahoma with no debt. I had someone that wanted to know if I would sell it to them. The price they offered was at or slightly above market $822k. The would be putting $90k down. ...
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We need help! Recently I have sold an investment tri-plex. I have the 1031 in place and ready to roll into something else. My best friend has 10 days remaining to declare his 1031 property.I have found a property that...
I am trying to find the forum posts for note exchanges. Can you please point me to that?
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Hi,
I'm thinking of doing a partial 1031 exchange. I'm hoping to just move the profit from the original property sale into the exchange, and then taking the original down payment out in cash.
Does a...
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Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...
I am brand new to the BiggerPicjets community and podcast and so far I am loving it. Not only for the content and idea generation but the sense of community. So the reason why I am here right now is an idea, like us a...