Hey guys I need some quick advice and I am getting deflective answers from my CPA. Here goes:I sold my rental property earlier in the year and performed a 1031 exchange. I bought a new rental property months later, ho...

If I sell a property for a certain amount, do I have to buy another property that is similar in price? Or can I buy 2 properties? For example, if a sell a property for 130K, but want to buy another for 65K, can I use ...

I know I can ask the 1031 exchange experts directly here through private messaging but I think this can be a helpful conversation for some other members in the forum.I have a business partner that we own a commercial ...

Hi everybody,About 6 weeks ago I bought a 3 unit building in Cincinnati for which I paid in full. No financing.Next week I am about to close on a sale of 4 unit building which I own already few years. I want to use th...

I'm reading that part of the proposed tax reform is to eliminate 1031's.  http://www.foxbusiness.com/features/2017/06/13/103...Anyone know more about this?  How likely do we think this is?

I am doing a reverse 1031 exchange. I have already purchased the replacement property, and it is in the name of the qualified intermediary. Purchase price was 105k. It has a private mortgage on it of 100k. Mortgage i...

Hello BP,My 45 day selection period was disrupted by hurricane Irma.  Furthermore, the property I was getting ready to close on last week may fail re-inspection in which case I may have to move forward with another pr...

What do you know about the 1031 exchange?

Hey everybody my names Jayden and I'm a 20 year old investor out here in Arizona. I work with national cash offer to acquire properties and we also do a few rehabs. We Buy in Arizona, Nevada and California.

Looming ...

Hi Gang,I have a property that is currently a rental.  My parents are thinking of buying and adding to their portfolio and I would take the proceeds and 1031 exchanging into some more properties.  Does this violate th...