Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit.  Is an attorney required to facilitate this trans action?   

What is the downside to buying a property subject to an selling on lease option? What must one do to protect themselves by doing this?

I own a rental condo that I used to previously occupy. My income from rental property is largely offset due to depreciation. However, I can not show loss against my active income as my joint income is well above th...

Can anyone with knowledge of bonus depreciation weigh in on a scenario I’m piecing together? I have a call scheduled Monday to discuss a cost seg but would love a little more insight before that meeting.We will be clo...

Currently have 1 primary and 1 investment loan right nowWas able to find a Private lender, so my strategy for 2017 was to buy, fix, rent, and refinance out at 80% LTV.  Rinse and repeat Now I'm reading you can only do...

Hello all! need your help once again :) does anyone know what AZ state capital gains tax rate is? I've research all over the internet but I come up with 3.4 - 4.95.   Trying to decide whether doing a 1031 is worth it ...

Are you planning on selling a property and are worried about having to pay capital gains tax?
Fortunately, you have the opportunity to defer the capital gains tax by utilizing a 1031 Exchange.
A 1031 exchange is a t...

Hey BP,I am looking for an opinion on my potential strategy to get started in REI.This strategy would include a direct mail campaign where I would target property owners with 100% equity in residential multi-family pr...

I bought several properties at tax sale in 2022 and I'm doing my taxes now. The properties are unlivable and have not been rented and are not offered for rent. They are just sitting.  I do have costs incurred maintain...

So my assumption with a 1031 exchange is that if you have a primary residence and you sell it before your two year mark, I thought you could just roll any equity into your next primary as a 1031 to avoid capital gains...