I am soon looking to sell some investment land and thru a 1031 exhange move this money into a sf or multi tenant house. Given the time restrictions on the exchange I don't feel I can spread this money across multiple ...
I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal. It often feels like either selling high and buying high, or selling low and buying low. I sold one pro...
An investor has 400 k that needs to be exchanged. We have identified two properties with a combined asking price of 1 mil. 25% down and closing costs would get us around 275k. The two properties could use 125k ...
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
I had intended to sell about $5.3MM of rental property and simply use the profits to may off debt on other notes. However, I'm told my tax basis will be close to $2MM after depreciation recapture.
Does anyone ha...
Hey guys, I have a question regarding the 1031 exchange strategy. Been studying multifamily commercial RE and would like to start investing there. I have no track record even in SFHs or Small multifamily. Would it be ...
I'm looking to do my first 1031 exchange for my duplex in San Diego, CA and buying a property or properties in Panama City Beach, FL. Since my top unit in the duplex was rented the entire time I owned the duplex I wil...
Hello, quick background- I have been buying and flipping raw farmland/ recreational farms for about 5 years. I'm on My 3rd soon to be 4th farm. I have grown my equity very quickly. Problem:Currently I own 1/3 equity a...
We own a SF long term rental that's older and not performing as well as we'd like. We make about $300 in cash flow but are constantly having to put money back in for maintenance. We have about $70k in equity and would...