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Trying to wrap my head around this process.I have a seller who has a home underwater. Selling via short sale. She is divorced an although husbands name is still in on title, she has court approved authority to sell ho...
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I have a tax basis of $150,000 on a rental property that I am selling. I am under contract to sell the property for $215,000, of which after closing, I will realized $200,000. I have no debt on the property, I own i...
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I am under contract to purchase a property (closing set 8/4/21). Through a stroke of luck, I have a cash offer on one of my rentals (it's vacant due to a tenant turnover). I'd love to be able 1031 my sale and use the ...
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I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
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With the 1031 exchange Do you run numbers as usual on “like kind” properties and then present them to a lender?How would that work being that I wouldn’t need the purchase and renovation cost to be covered completely b...
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can anybody tell me what are the documents involved in a sub-2 deal and if there a place to get them , maybe share yours . thank you in advanced
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I have a closing on 1 Sep where I will net $10k, then another closing for a property that I am purchasing for $45k on 16 Sept. My question, is it worth the effort and expense to do a 1031 for the $10k from the first ...
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I am purchasing a property that has a foreclosure auction date of May 5th. Today is April 21st. Who do I need to contact to stop/ postpone the auction? Do I need an attorney to expedite this?
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I'm interested in doing a contract on a house that's in short sale ...banks are asking $66,000 maybe needs $30,000 in repairs to bring ARV to $200,000, home is thru a realtor , would it be better to flip to another ...
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Hi everyone!For a 1031 exchange, I'm aware that you must identify a property within 45 days, and acquire the property within 180 days. My question is: are you only able to acquire properties in that 180 day period tha...