Lawrence Rutkowski
Cash Out Refinance/1031 Exchange
Hello friends.Are we able to use the proceeds from a cash-out refi on an investment property and 1031 it towards another? Also, if so, how does one go about putting that money into a 1031 exchange and doing this? I'...
Darius Moezinia
1031 exchange dilemma, buying 2 properties with new partners
I Just sold a property that I owned for 5 years for 400K and have 2 replacement properties identified.Property A, I have been in escrow for the the last which had title problems and is nearly resolved (at purchase pri...
Amy O'Shea
Exit strategy for partnership
I have a tax question regarding the exit of 1 of 3 partners from a real estate partnership and would really appreciate any input:ABC Realty (a general partnership) has 3 equal equity partners (A, B & C). ABC Realt...
Alexandra Torchigina
Seller Financing a Property Bought Through 1031
If you sell House A and roll the gains over into House B, then sell House B and roll the gains from House A and House B into House C, are you able to seller finance House C? What would happen to the gains from House A...
Jack B.
Buy 1 or 2 replacement properties during 1031 exchange?
Last time I sold one and bought two replacement properties, and that worked out great for cash flow and appreciation. Went from 10K a year cash flow on a paid off property and 30K a year appreciation to 170K appreciat...
Rabih El-Khoury
Adding Members to an LLC: Tax & Legal Impact
Hi. If you'd to care to contribute, I'd much appreciate it. The following is an actual scenario: Partners A, B, and C create an LLC. Each partner has, say 2,000 shares. Total LLC shares = 6,000. The LLC buys a propert...
Byron Gardner
Is a 1031Exchange an option?
Is this scenario an option for a 1031?- Three owners of Two commercial real estate properties - owner A has been unwilling to sell, buy out owner B and C or lease one empty property, emptied out bank account sabotagin...
John Smith
Capital Gains on Multiple interests inherited over a period
I am trying to understand the calculation of Capital Gains on a South Florida property I now solely own. I gained the 100% interest through rights of survivorship from two other joint tenants who have now passed. The ...
Brent Benoit
Seeking Cash out advice!
So a friend of mine who is much further ahead in the investing game than I put the idea in my head to cash out of the first rental I bought in April and take that money, put it into other SFHs like HUD and make more o...
Deanne Bourne
May, 2021 Are We Losing the 1031 Exchange with New BIden Policy
Regardless of your political leanings, the 1031 Exchange is a great investment tool. This administration needs cashflow and they plan on some changes that would eliminate or curtail YOUR profit. If you are just sta...