
19 July 2019 | 4 replies
So,If I understand the mechanics of a 1031 correctly, your basis in the property (due to the carry forward basis in the 1031) is Lower than $170k.You are Liable for depreciation recapture while it was a rental, whether or not you declared the depreciation.Assuming the above is true, you will have taxes due.You definitely pay income tax on any interest received.For the Principal you receive (including the down payment) it will be allocated into three pro data portions of:Return of basis/costs-no taxCap Gain- cap gain taxDepreciation Recapture- ordinary income tax at up to 25%@Ashish Acharya When later converting an investment property, acquired by a 1031, into a primary residence, then selling, give you a partial, Qualified Use pro rata calculation for the 121 exclusion like when you do the same thing with a non 1031 acquired property?

21 July 2019 | 9 replies
Either I'm entering the data wrong or there is a shortfall in the calculators capability.

22 July 2019 | 22 replies
From the data I had read it looked as it would $260k with out any work.

20 July 2019 | 0 replies
Be very careful to use mapping systems that have the correct data for what city or municipality the site is located in.

20 July 2019 | 0 replies
Good afternoon,I'm fairly new to wholesaling and I've been doing some driving for dollars and analyzing and I've found a few properties, I think would be good deals, but not sure which apps are best at recording data, analysis, finding the owners ect.

20 July 2019 | 6 replies
The current national expansion is very much on track to be the longest on record.Arizona added 78,800 jobs in 2018, which translated into 2.8% growth, according to the latest revised data from the U.S.
21 July 2019 | 7 replies
You need good data to make good decisions.

21 July 2019 | 5 replies
Can anyone please help me, I need to start cold calling, in New Jersey to be exact. Can anyone help.

24 July 2019 | 4 replies
As @Justin MacIsaac stated, people are migrating into the area and the data backs that claim up.

22 July 2019 | 26 replies
You need good data to make good decisions.