Are you looking to grow your real estate portfolio and build wealth faster? There’s a tax “loophole” that allows you to sell your property and roll your equity (and profits) into a bigger and better rental property—al...
I'm new to this forum and appreciate your help. I have a second home we have owned since the mid 80's. I have two questions on a possible sale trying to avoid as much income tax as we can. 1. We had a fire at the ...
Hi all,Long time reader/first time poster. A family member owns residential rental property in an S-corp which owns several rental properties. One of those properties has been sold with the funds from the sale curren...
Would anyone be interested in doing a 1031 exchange? I have a client that has 3 single home rental properties in the Orlando Florida area ( 2 are 10 mins from Disney World). Very nice homes. Thanks
is it possible to do a 1031 exchange and buy the new property before selling the one that's being exchanged?
-Jason
I'd Love to read some more about 1031 Exchange any recommendations?
Can a Canadian citizen without American citizenship take take part in a 1031 exchange???
Hello,Recently I sold my primary residence (condo) after staying in it for few years and got some good appreciation when I sold it. My title company told me they will report the money that the buyer gave me (after pay...
Okay so I'm trying to help my father out with a deal.. he purchased a home for 225k (we used to live there but moved out about 10 years ago and put both units to rent) a while back our tenant offered 600k for the pro...
Can you 1031 exchange a property owned by your LLC into two properties you own personally. example belowSteve & Matt are partners on a 4plex. They change title of there 4plex to their LLCThan they 1031 exchange th...