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I bought a rental townhouse in 2015 for $180,000(paid cash) and just sold it yesterday for $227,500. I am interested in doing a 1030 exchange to avoid property gains tax and had a few questions. I understand I need to...
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Hi BP!
I'm evaluating a property that has had a lot of capital improvements and because of its location, are not reflected in the value of the property. I'm selling another commercial property and wondering if buying...
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I am selling one of my properties and doing a 1031 exchange. The property is currently under contract and I will likely make around $200,000 profit. I have already made arrangements to do a 1031 exchange. I want to ta...
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Hey,
I'm about 10 minutes East of Columbia, MD. I'm new to wholesaling and looking to get started with my first deal. I found a very distressed property just around the corner from where I live that just had a "For S...
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Hey guys, thanks for your time. I'm doing some practice scenarios before I take my Real Estate license test, and there's one thing I still am having a slight issue wrapping my head around, which is representation. Her...
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I`m selling a 31 unit apartment bldg. and looking to do a 1031 exchange and have been looking at investing in STR but can`t find a lender that will let you use the short term rental income to qualify. The banks I`ve t...
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Hi BP community!We just closed on the sale of a rental property and are doing a 1031 Exchange to finance the purchase of 3 rentals. The process is fairly simple, there are some rules on the minimum debt and price of y...
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I've got an interesting 1031 I'm trying to work through. Hopefully someone with in depth 1031 experience can help out. I'm selling my home and it's going through as a 1031 exchange. I plan to close 7/30/2016. Howe...
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Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental. Our condo would be sold to an unrelated party. Our new single family home rental would be purchased from...
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