I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Not sure if this is a 1031 exchange question or better suited for another forum:If I sell a rental property and, in turn, use the profits from that sale to pay a GC to rehab a 4-unit property I purchased in February a...
We have around $25K in several traditional retirement accounts. We'd like to invest in real estate and already have deals lined up. Which is better/cheaper from a tax standpoint- roll into an SDIRA and pay taxes later...
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
Good evening guys! So I wanted to share my story, first I have learned everything from this forum and want to thank this unique community for being so great! So I have been investing for 2 years and have mostly done h...
Would you max out your 401k or just match what your employer contributes and then use the remaining money to invest in real estate?
I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...
Can you change the ownership after 1031 exchange?
Does anyone have any book or video or other suggestions that might outline which option is the best way to go for REI with retirement vs cash funds? With retirement funds of course you get the deferred taxes on prof...
Hello! I currently own three single-family rentals and just closed on my first multi-family property, a fourplex. My properties are in three different states and I use local property managers for full-service manage...