Hello BP,I am currently pursuing a 5 unit Multifamily purchase and upon discussing with the potential seller I discovered he feels he is unable to sell due to having a high basis in the property and not wanting to pay...
I've asked dozens of sources including the dre, and multiple attorneys, and investors. But I keep getting different answers. So if anyone know for sure if a real estate license is required to legally wholesale in Cali...
Good Morning BiggerPocketsWhile I know most on here are not attorneys to provide legal advice I am curious to hear from folks who may have done something like this before.Here is the overview.I have a few private inve...
Noticed a few post related to 401K and access as a line of credit for funding REI: http://www.biggerpockets.com/forums/49/topics/7460...; however, I happen to also have some stock options I'd like to leverage. Concern...
When doing an exchange can the buyer receive the security deposits and prorated rents from the seller? The funds are not from 1031 account but rather a transfer from the seller to the buyer. Would this blowup the exch...
Hi,
I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.
I will be relocating for work in 1-2 years out of state...
:roll: [b]Please help me with this. We are selling our fourplex in Louisiana. We live in California. Is there anything we can do with the proceeds we receive from the sale to defer the capital gains taxes OTHER tha...
I'm looking for more information on how to invest in real estate with a small group of individuals holding long term rentals preserving the ability to like exchange when investors want to cash out. 1) Is there a way I...
Hi everyone,
I recently got out of the stock market and would like to move the cash into real estate. Can I use a 1031 exchange to defer the 15% tax on my capital gain when I move it into the property I'm investing?
Hi All,My partners & I are putting up our duplex up for sale in Albany, NY & are looking to transition a 1031 exchange into an out of state STR in Savannah, GA.Does anyone have any company recommendations or a...