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...
Let's say I'm holding an SFR in an LLC (call it "LLC A") and I want to 1031 exchange it into a 4-plex. Before selling the SFR, can I buy a 4-plex in a different LLC (call it "LLC B"), and once the SFR sells and the 1...
I am located here in Kansas City and curious what you Pros think regards to holding vs flipping properties? What are the advantages and disadvantages?
Hi BP,After digging through some of the forum posts and looking at Brandons blog post on 1031's, I've got a few remaining questions I'm hoping the community can clear up.I currently have a SFH and Triplex in Orlando, ...
Hi all,I'm considering selling my SFH rental property in Parker, CO via owner financing and 1031 exchange. As some of you may know, CO is currently in a HOT market and Parker continues to grow steadily as a suburb in ...
Hello,
I just sold our first property, it was a rental and I was fixing it to rent it out but I receive a good offer and couldn’t refuse it. Now I don’t know what to do next, I was planning on buying rental propertie...
Hello,Say I bought a duplex witj a fha loan and I live in one for a year and then move out and rent that unit and after a year can I do 1031 exchange or I cant because I have fha loan and lived in it?
Hello, I am looking to buy a tear down or some land with my 1031. I would like to build 2-4 units on the land and keep 1 as a rental. would this keep my 1031 intact? Thanks in advance.
If I had an investment (STR) property for 2 years (We'll call it property A), but then moved into it full-time (not renting it out) "converting it" into a Primary residence - and in the future, I decided to purchase a...
I have 2 investment properties and 1 owner occupied residence that I live in. I have one investment property that has more equity and appreciation than the other. I would like to buy more properties, however, with t...