Carlos Vega
Can I use a friends 1031 exchange as a down payment?
A friend who recently sold some land has offered to help with a down payment. We will be consulting an attorney on this but before we do I'd like to know if anyone has ever done or heard of this. My friend who is also...
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1031 Tax Group
I am just interested in finding out if there is anyone in this group that was involved in the 1031 Tax Group debacle with Ed Okun?
There have been a few new developments and I wanted to know from your side how thing...
Lauren Hogan
1031 Exchange - How to Decide Who to Use as a QI?
Looking for advice on how to select/choose a QI during a 1031 exchange? For those of you that have successfully completed a 1031, did you use a 1031 company or did you work directly with a QI or did you work with bank...
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How do you handle Reverse Exchange date setting on 8824
Hi,
When you're doing a reverse exchange and you have to put down the dates for relinquished property and bought property. How do you put down the dates. The questions on the form 8824 seem to be geared towards a reg...
Uzair Syed
1031: Rent to Child, then give in Inheritance to that child?
Hi,
I've read prior posts about permissibility of renting a 1031 exchange property to family members (as long as it is fair market rent and well-documented).
Is it permissible for the parents to leave the property i...
Jason Kahan
Structuring a Partnership for 1031 Exchange
I have bought 2 long term rental properties with my brother. I am on one loan and title, he is on the other. We have a separate contract stating we are 50/50 owners. Will we be able to 1031 exhange when we sell the pr...
Justin Thind
1031 Exchange After Closing On New Property?
So I have a rental. It has appreciated a good amount and I am ready to sell it for a decent profit various reasons. We won’t go into them. However, I just reached the decision to sell it an hour before posting this (s...
Peter Eiermann
To 1031 In A Tight Housing Market Or Not
I am selling a SFR rental property I have owned since 2008 and will realize a nice gain. All proceeds will go back into a new deal/s. Trying to decide if I should use a 1031 exchange, or take the tax hit and have cash...
Ashish Shah
doing a quit claim after sale
Dear 1031 experts,
We just completed a 1031 exchange from 2 properties sale into 1 commercial property. The deed of new property and 1031 exchange were set up correctly with the owners from the 2 properties being ref...
Grace Wang
Recommendations for 1031 exchange facilitator in Seattle, WA Area
Hi allI am looking into have a reverse 1031 exchange. Any recommendations for a exchange facilitator? Your input is much appreciated. Grace