Can I build a spec home and use a 1031 exchange on the profit from the sale of the spec home to pay off the mortgage of an investment property I already own?
Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
I’m selling a single family home to my tenants and want to use he profit to buy my first duplex. How can I use a 1031 exchange to avoid paying taxes. Is this something I have to hire an attorney for? Also, does all th...
This is probably a very basic question, but I have no shame when it comes to learning here in BP: I'm about to do a cash out refi on one property (#1) I own free and clear in order to use that cash as a down payme...
savethe1031.orgThe 1031 is one of the bedrock's of investing. Why isn't a network platform here of over 600,000 members in one voice telling representatives that they do not want a change to the 1031?
How’s it going! I have a house flip that will be ready in a couple of weeks and I would like to 1031 the proceeds of that into a bigger deal. This will be my first 1031 and I would like to find a recognized Qualified ...
Hello BP community:This is my first post so bear with me. I have done REI in Dallas for 5 years and I am currently selling a duplex netting over 100k having held the property for 3 years. In this current RE market (e...
Hello,I am curious if anyone has done a 1031 into an opportunity zone? I am getting ready to start my 1031 and want to see how it went for others and if they have any recommendations.
The house was a primary residence then a rental and back and forth. If I move back in and cash out refinance then rent out again and 1031 exchange the house, what is the effect on the 1031 exchange? I imagine I will h...
Hey folks, I'm working on a blog post and my next real estate book - and I'm looking for a BiggerPockets Member who has recently done a 1031 exchange and are willing to answer some questions. I want to profile a membe...