Quick tax question..My friend lives in staten Island.. Lived there his whole life 30+ years.  He's look to sell his house which is all paid off for about 700K and then buy another house all cash in Jersey.  What are t...

Share your thoughts on buying rental income properties starting with about half a million dollars.      The "why" is the important part of this question. If you are buying properties in the $100k range, do you buy the...

I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...

If a multifamily property is sold and funds reinvested into a syndication, is there a minimum amount of time the funds need to be invested before they can be collected without the cap gains penalty of the original sal...

I am aware of people utilizing self directed IRA's to invest.  I have read here that people use their 401k's also.  I personally know of someone who uses his pension plan from a private company to invest with.  Here a...

Are many people on here familiar with Installment sales? I basically get the gist of it where you sell the property with seller financing. The seller then defers Capital Gains taxes because it is an interest-only loan...

Im considering selling a rental property and doing a 1031 into two separate properties. Both properties total costs will add up to the cost of the property I'm selling. The properties I'm looking at combined, require ...

Hi BP Community,My wife and i currently own a co op (which we use to live in) but currently vacant.  We are in the process of subletting out the co op for rental income.  There may come a time where i need to sell the...

Hi,

I'm thinking of doing a partial 1031 exchange. I'm hoping to just move the profit from the original property sale into the exchange, and then taking the original down payment out in cash.

Does a...

I am trying to finalize terms on a seller financed deal. The seller wants to do a 1031 exchange and has reservations about seller financing understandably so. I'm considering offering a large down payment(maybe 50%), ...