MIss.understood asked:


Thinking of selling my rental in order to buy a primary home.

Natalie

Ariana Z asked:


I have some money in a 401K and some other investments and I would like to purchase real estate and I heard that this might be a good way.

Jacob

jrt asked:


The original property was sold at a gain, but I was advised that all proceeds had to be rolled iinto the exchange-what happens to gain, basis, improvements etc.?

Tiffany

cgarcia7879 asked:


Im a specialest in the 1031 exchange. I save people tons of money uncle sam would normally would take. California investers are the ones right now benifiting from this.

Rosemary

g g asked:


I rented my residence for seven years because I was living out of the country. Now I must move to another city. Can I live in the building purchased by the 1031 exchange, or must I rent it out?

Joy

livepassive asked:


A relative is doing a 1031 exchange on an investment property into another investment property. It is a house I will be living in and will eventually get the entire property. My question is this: Can I take out a mortgage in my name, on a 1031 exchange property that is not in my name? If so, does it have to be an non-owner occupied loan?

Dale

Carl G asked:


Typical exchange 1031 involves the subsequent purchase of a property after a sale. My situation is a little different. I want to apply the gain on the sale of one investment property, against a mortgage balance on a second investment property which I currently own. Would that transaction be allowed as a 1031 exchange?

Victoria

Kevin K. asked:


If I own a home and want to rent it, how many years do i have to rent it to have a 1031 exchange for income property?

Jennifer

Matt H asked:


I just bought a home in June for a great deal. I am thinking about selling and getting another home, however only living there for 5 months I would like to avoide cap gains tax. Can I do a 1031 exchange on new home?

If I live there for two years does that exclude me from tax?

Ronald

Jeff W asked:


I had to file an extension for taxes because I had to report a 1031 exchange that was still in the process…

Now I am trying to fill out form 8824, but it’s really confusing.

Any suggestions?

Keith