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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 ...
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Hello BP Community,I’m working through structuring a creative real estate deal and am wondering if/how I can exchange the proceeds.. I bought a house with appx $120,000 of 1031 money + about $55,000 of additional fund...
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I'm looking to do a 1031 exchange on a sale coming up soon, and I'm looking for an intermediary and realized I'm not really sure what I should be looking for. Can someone help explain what kinds of things I should be ...
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I'm Emma Whear. I'm a huge BPMoney fan. Here's my quick stats:
-21
-Living in Moscow ID
-Senior in College
-Real Estate Agent in Idaho and Washington
I bought a duplex back in October of 2020 for $206,000 (...
I purchased a small house in 2018 and rented it out from Aug 2019 - Aug. 2020 to my sister to use as storage. In Aug. 2020 to now, I tore it down and rebuilding a bigger house on the property. Since I rented it out ...
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We are in the process of selling 5 SF properties in VA and acquiring 1 MF in FL. The VA properties are held in two separate LLCs, 3 in one and 2 in the other. The purchase price of the MF in Florida is much higher tha...
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My husband and I are selling 7 duplexes. We are wanting to do at least a partial 1031 exchange, but it is becoming very overwhelming. We close in less than 2 weeks and we have not decided how many of the properties ...
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Hi all 1031 exchange experts or CPAs.... I sold my property in November of 2020 and closed on my replacement property in March of 2021. What (if any) are my S-Corp filing requirements for the 2020 tax year- do I need ...
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It looks like Biden is targeting the 1031 exchange as another revenue stream. Bloomberg wrote a great article on it (link below). What are your thoughts on this proposal? Think it has any chance of moving forward?
ht...
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As part of the tax policy changes included in the American Families Plan, 1031 like-kind exchange deferral amounts would be capped at $500,000. This will have a MASSIVE impact on real estate investing strategy. What a...