All Forum Posts by: Mike Le

Hi Larry,

• Delaware Statutory Trusts = (DSTs) and Tenant-In-Common Investment Properties = (TIC).
  • Thanks

Hi.

Can DSTs or TIC do a 1031 exchange out of the DSTS or TIC and back into other real estate?

Thanks

Got it. You guy are Best.

Thanks.

Hello:

Should the Form 8824 be attached when filing income tax to dispose of a 1031 exchange? I did 1031 exchange four years ago and sold it last year and cashed out all net proceed including capital gain. The Turbotax Return Record only has Form 4797, not but not Form 8824. Is it correct?

Mike Le

Many Thanks helping clarify my understanding.

Dave,

When I gift membership interest in the LLC to my brother, should the current market price of changing ownership be the cost basis to my brother?

I really appreciate your quick response.

Thank you

Mike Le

Hi Dave,

Should the transfer price be the current market price but I still report zero capital gain, even though the 1031 replacement cost back then was lower?

Hi Dave,

How / Could I transferring / changing ownership to my brother of replacement property after 3 year of a 1031 exchange? Was done?

Mike Le