Hi,I realize that I cannot exchange investment property for a Personal Residence.I was told that I can do a 1031 exchange for a rental or business property.For instance: What if I purchase a "Bed and Breakfast" or cam...
Hi All - this is my first post here, though I have been lurking for a while and have learned a great deal from all the great advice on this forum.
We are in the process of buying our first rental, a duplex. It is occ...
Good Day BP!Can I use the properties rental income to help qualify for a loan? If so, what are the details?
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
I used a local California property management company to perform the lease signing and background checks on a tenant we found ourselves for my newly vacant SFH. I also used them to perform a few maintenance issues, w...
I have a property in Worcester, MA that I could sell for about $250,000. It's a three family. Someone in the neighborhood, a contractor/remodeler wants to rent to own the whole three floors. Usual rent is $1,100 ea...
Hello everyone,I am in the process of saving for a down payment on my first investment property and am looking for some advice. Some background on my personal finances I contribute the maximum amount that my employer ...
Long story short, I'm looking into my first foreclosure purchase to rehab and flip. This is all hypothetical because I don't even know if I'll be making an offer yet.
Potential property is listed with an agent I'm f...
I have to do a 1031 and would like to list it somewhere to see whats out there for me to do the 1031 exchange, anyone know of a place to list 1031 money? Thanks.