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Hello! My buddy in Buffalo, NY is doing a 1031 exchange and may run into a potential issue which could happen to myself in the future as well. The house he sold was paid off and in his LLC. The current deal is for a 4...
Hi,
Over the past week I have done an a lot of reading on this site and learned a lot(thank you all).
I see that most of you recommend having the listing agent submit your offer so that they can double dip and many ...
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Hello, I’m a little situation here and I’d greatly appreciate some advice. I bought and lived in a property for 6 months while renovating it. It was purchased for 200,000 and I believe I can sell for 290,000 or so. If...
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My neighbor wants to sell me his house and I was wondering if it is possible for me to represent both of us in the transaction as a dual agent? Thanks.
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Hi Guys, I am excited to join this community! I currently have a wholesale deal in which the seller would like to 1031 her proceeds. I am aware that 1031 exchanges come with its rules and regulation that can make thin...
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Hello,I will be selling my house in Nashville - closing date set for December 27th. My goal is to BRRR and buy a place in cash in the Peoria or Bloomington areas. I have never done a 1031 before so any help would be...
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About how much will a 1031 exchange transaction cost for a $550k property?Recommendations for an intermediary?I’m in Michigan, but the property I’m selling is in Utah.Thanks
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Hey all! I just wanted to give a quick shout out on here to @Dave Foster. I have been planning on 1031ing up both my LLCs at a later point (individually because one is a partnership). Both contain apartments, 24 in...
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The other day a home came on the market that was accepting offers until that day at 5:00pm. The house was listed low because the owner can no longer maintain the property and is not of right mind so she has an attorne...