Carlos Gonzalez
Can I sell a fourplex and buy two more using 1031?
I have the possibility to sell one of my Fourplexes that has the most equity and would like to buy two other Fourplexes with the proceeds of the fourplex sold. My question is, can I do this transaction under the 1031 ...
Sayantan Satpati
1031 exchange - Sell in Bay Area and Buy in Sac Area
Hi,
I am looking for suggestions on strategies for doing a 1031 exchange for my rental condo (1.05m value in the Milpitas Transit Area). Currently, the rent pays for PI/PT/Insurance.
I plan to buy 2 properties in ...
Izaiah Barba
How to get owner incentivized to sell despite capital gains tax?
Hi BP community, I hope all is well and everyone had a nice time over the Holidays. There's an owner who is looking to dispose his entire portfolio but is selling one property every year to mitigate his capital gains ...
Christopher N. Soares
How do I sell my percentage of a Real Estate Package?
Hello all,A couple of years ago I invested in 14 single family homes in Birmingham, AL with my brother in law. I learned a lot in this process but need to recoup my money for other ventures. I have a 24% interest in t...
Michael Patti
Anyone ever successfully sell a self storage to a storage REIT?
Hi everyone,
I found a large warehouse in an up and coming area of Philadelphia. I think this would make a perfect self storage conversion opportunity. The owner is willing to hold a mortgage for a few years. I am w...
Rebecca Lujan
How do you know if you should Sell or Rent out?
How do you know if the numbers work best to sell or rent? My plan was to rent out my primary and purchase another one. Either way, I a moving out of this home. I live in New Braunfels, TX, just down the road from Aust...
Armando Paz
Is it time to sell my 1st Rental Property in NJ?
Hi all! 1st time poster here, but lurked for quite a while.I currently have my first rental property (3 family in Paterson, NJ) that is fully rented and going strong so far. With the market being in favor of sellers h...
Mai Lor
Divorced couple - trying to sell w/o splitting $ w/ex spouse
Hello all,
I got a seller who had a divorce. She had an affair and during the divorce took many things that he owned. He got 2 houses and she took one. He is currently trying to sell the remaining house that he lives...
Maria Balassone
Filing as LLC but never changed Deed/Title. Now we're selling.
It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
Kyle J.
Sacramento area home gets 122 offers and sells in 1 weekend
Just saw this news story: https://sacramento.cbslocal.com/video/5423455-citrus-heights-home-sells-in-1-weekend-with-122-offers/
If that isn't a sign of a hot (frothy?) market, I don't know what is. Now, a 122 offers...