Real Estate Investing Forums

Opinion on validity of 1031 Exchange
1031 Exchanges
Asheville, North Carolina
Opinion on validity of 1031 Exchange

Hi, I hoping one of our accounting gurus that like to get in the weeds might offer their opinion on this case. I did a land for land 1031 exchange with a company in 2022/2023. The original property was purchased on 9/7/2021, it was subsequently sold 7/8/2022 for an 80% profit. The replacement pro...

Looking to refinance two STR's on the same property
Private Lending & Conventional Mortgage Advice
Asheville, North Carolina
Looking to refinance two STR's on the same property

Hello! I am looking to refinance two of my STR's in Asheville, NC. Background: I had 2 couples cabins (not actual cabins) built, finished in December, on several acres of land in Asheville, NC. I financed the deal by a 50/50 mix of construction loan and private loans. I am looking to refinance bo...

How to handle tenant lack of judgment, ruining dishwasher
Managing Your Property
Asheville, North Carolina
How to handle tenant lack of judgment, ruining dishwasher

I have a triplex with three wonderful young women who are renting a three bedroom. They work at very nonprofit nonprofits so they have no money and they are really fantastic. My challenge is that they used a dish rack on the counter right above the dishwasher, yet with no trey! At some point, the...