I am planning to sell my out of state rental in Las Vegas, it is a SFR owned since 2015 that has a mortgage balance of 150k. And would like to 1031 exchange this to a condohotel in Las Vegas. The cost of condohotel wi...
Never did 1031 but based on what I read it may not be an option for my situation. I owe two duplexes in my name and my wife another one. Can we sell the three on 1031 and exchange it for a single larger property? Prob...
I'm looking for insights and best practices from fellow lenders and financial professionals on how to effectively manage borrower relationships. What strategies have you found most successful in ensuring clear communi...
Curious if 1031 Exchange laws vary by state, or if it is just federal legislation. Thanks!
Hello, Bigger Pockets! My name is Josh Frank and I am getting started on my journey into real estate investing. I have been obsessing over the BP podcast over the past few months and reading my way through the recomme...
Can I sell my SFH's and do 1031 to pay off a multiunit I already own? If possible Pro/Cons? Thanks in advance!
Hi all, If anyone is interested we will be having an REI meet up at the new Okinawa Rycom Mall (Aeyon near Camp Foster) tomorrow night (Sunday 5 Feb) @1830. We will be meeting at the Starbucks and will have some inve...
Hello, I'm looking for an experienced wholesale investor to work with and learn from in the immediate future. I'm a realtor with Long & Foster that can be beneficial to any investor that needs firsthand market inf...
If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
Hey guys,
So I have an offer accepted, I'm looking to close in 30 days on a multi-family in the Cleveland area. I'm curious on how to go about paying the down payment so that I will not potentially trigger a "due on ...