Hi,I have invested in a multifamily apartment complex syndication deal. The Sponsors said when the Company (LLC) sells the property in 5 years, they would try to do a 1031 exchange and roll the proceeds of the sale i...
Hi BP, I am in the beginning stages of selling my home. I do not have a replacement property right now but was wondering if there is a way to avoid paying captial gains tax without doing a 1031 exchange? Per my accoun...
Here is a hypothetical question hoping that someone can answer.
Say I have two properties (A and B) with both properties having separate mortgages.
Can I sell property A and use a 1031 exchange to pay down the mortg...
Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).I was introduced to a less heard or Deferred Sale trus...
I am very new in this area of real estate. Any help would be appreciated.
Hello! I'm curious how a 1031 Exchange works. What are the ins and outs of doing one? I have a property that I purchased years ago with a VA loan before I found bigger pockets. Knowing what I know now, that proper...
Hello, I have owned an investment property with my wife for about 6 years. We have done two 1031 exchanges already to get into this property, so our cost basis is very low from a capital gains perspective. We would li...
Can someone read this example and tell me one way or another what's possible. Just sat with another friend/CPA and what he mentioned I was not aware and I am not sure if it's accurate. Nothing against him, as only a...
Hi I sold a duplex and purchased two properties in Phoenix with a 1031 exchange. Long story short, my longtime tax preparer was not available to do my taxes for 2019 and I had to scramble and do them myself and get t...
Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction. I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...