Joe Kahn
Questions on using 1031 funds for new construction
Appreciate any advice on how the following scenarios would work out for a new construction project, for a single family home using 1031 funds:1. Start the project by buying vacant lot with non-1031 funds2. At the tim...
Dov Klitnick
Lows on a 1031 exchange
If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
Jennifer Roberts
When can you relist a newly purchased property in a1031 exchange?
I had a question that my QI couldn't really answer. Before I bug my poor CPA again, I'm wondering about the collective consensus of this group. How long do I need to keep a newly purchased property that I exchange in ...
Michael Bettencourt
Including improvements in 1031 exchange
Quick question. if I buy an investment for $80k less then the property I sold, then put that difference back into the new property as improvements within 180 days would that be a different type of exchange? More diffi...
Troy Kalange
1031 Exchange Limitations With a LLC
Hi There!I own a commercial building with 1 partner in OR. We are looking to sell, and I am hoping to 1031 my share of the sale but my partner is not. Currently we own the property through a shared, two member LLC.In ...
Priyanshu Adathakkar
1031 Exchange - Real Estate Tax Break, Faces Extinction
To finance a possible tax rate cut, some in Congress are eyeing the provision, which allows sellers to defer capital-gains taxes by reinvesting in other propertiesBy Peter Grant and Richard Rubinhttps://www.wsj.com/a...
Amelia Gull
1031 to a Spec Home from our company
Hello,I'm new to this community, and value the knowledge base here! My husband and I own 2 rental properties (1 has been rented for 10+ years, and the other for 1+ year). The newer property just isn't cash-flowing the...
Chris L.
Does anyone have experience with 1031exchanges and LLC's?
I presently have a property in NJ that is in an LLC and I would like to sell it and buy investment properties in NC. I'm unsure as to what the first steps are that I should take OR if having the property in an LLC aff...
Matt Frey
Is there a 1031 exchange equivalent in Canada?
Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...
Jack B.
Running out of time for 1031 exchange, what to do??
I did two before in 2017, and it was tight then, days left in one case.
But now it's 12 days away and no luck in my area.
I started to look at multi family and single family that have sat 3 months hoping to go mutua...