Hello everyone! We are investing in the Lehigh Valley area (Easton, Allentown, Bethlehem) of Pennsylvania, and currently live in New Jersey. We are looking for a CPA to help us with a joint venture operating agreement...

Does the income you get from rent need to be applied to your new property in a 1031 exchange? Or only profits from the sale of your old property

Hi everyone,I have a SFH (it’s been rented out for about 7 years) and I want to 1031 exchange it in the semi near future. I have a few questions and wanted some insight into the implications of a few scenarios I'm con...

Hi All,Back in February of this year, I purchased a rental home in an Opportunity Zone.  I had been reading about Opportunity Zones at the time and understood that they would drive investment into the area and create ...

I'm curious as to how cashflow has increased from time of owning a property. Let's say after the 5 year mark or 10 year mark. I know rental percentages increase differently for different markets and there's a national...

Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...

In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...

I’m going to list one of my rentals for sale in about a month when the tenant moves out.I will probably net about 60K from the sale (after all transaction fees). My goal is to use about half of this net profit (30K) a...

Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...

Friends, I'm contemplating a 1031 on a sale, but I am weighing a few options on maximizing the best ROI over the long haul.  I'll share it with round numbers for a hypothetical analysis.  Say the relinquished property...