On April 9, the IRS issued Notice 2020-23, extending a variety of deadlines, including 1031 deadlines. Although the Notice is confusing, because it is not written like the typical Disaster Relief Notices, this Notice ...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $630,000

Cash invested: $30,000

I was selling another property and used the 1031 exchange fund to put down th...

Question regarding when is your property considered an "investment property." Say I have property #1 as my primary residence. I then decided to rent it out. I buy property #2. This is now my primary residence. How lon...

OK,This is a little obtuse but just stay with me. I was in the process of making two simultaneous but separate 1031 exchanges from two SFRs to two MFs. Well, here comes Hurricane IRMA and screws up one of the target M...

Hello Everyone,
I have three S-Corps. Each S-corp has its own property. For reference we can call then Corp-1, Corp-2, and Corp-3. I am the President and 100% Shareholder in each corporation.Currently, I am closing o...

I am very new in this area of real estate. Any help would be appreciated.

If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties. For example, if I buy property #1 for...

Hi Everyone,Currently I'm amidst an effort to shuffle my portfolio.  I'm selling condos and smaller houses that I bought in Phoenix between 2009-2011 and 1031 exchanging into larger SFH.  I realize that the Cash on Ca...

Hi all!I’m in the Kansas City area and have had the dream of getting into home renovation and rentals for several years now and am at a season where I can finally pursue that intentionally. I’m partnering with a frien...