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Hi we are still planning a upleg and 1031 exchange. Partners owned the downleg 50 -50 Only one owner wants to be on the loan and the lender says thats ok because we're putting a lot down on the uplegI was wondering ...
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I, as the exectutor of my Mother's estate, would like to exchange an old house with large lot to another investor for a smaller, newer, slightly less expensive duplex, for the purpose of my single disabled 64 year ol...
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I'm an owner of a 2 family, non-owner occupied residential property.
This property is co-owned with my mother. The deed is 75% my mother, 25% myself, with a Right of Sole Survivorship.
We are now planning to sell sa...
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I own a ski condo in Colorado, which generally breaks even as a rental, but is more for family skiing than anything else. That said I think it’s more advantageous to sell and invest in another property where I can get...
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Hey everyone, I would like some feedback on this scenario.I own a property worth 95kWant to buy a portfolio of 9 properties at 800k. Will sell mine and give seller 10%down and they would finance for us. Was thinking o...
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I just sold an investment property that I received through a foreclosure a few months prior. We did a quick all-cash close and I didn't even consider the idea of doing a 1031 exchange for this property. COE was a co...
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If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
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Hello everyone,
I was wondering what the best way for me to avoid capital gains on a property I bought 6 months ago. What are some options?
Thanks,
-Drew
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Sold a property (proceeds with Qual. Interm.) & have a new property to buy. Formed a new 2 member LLC to acquire & hold new property, but accountant says it needs to be Tenants in Common. Can you do a 1031 exc...
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Hey Bigger Pockets! I have a SFR with 150k equity and I want to sell it and put money down for a small multi family and rehab it. Should I sell my SFR now and put equity in a 1031 exchange until I find a BRRRR multi ...