Vivian | Your Rich BFF
Region: US
Wednesday 24 July 2024 14:16:31 GMT
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C S :
vivian, this is true. but please talk about the expenses of these exchanges. there is legal in banking fees amounting of dollars each time.
2024-07-24 19:57:33
115
Greg Young :
1031 exchange applies on investment properties, not residential.
2024-07-28 15:56:08
34
Lisa Haos :
Do you have tips for first time home buyers?
2024-08-29 02:40:48
1
user743785536005 :
This loophole should be closed
2024-07-25 18:13:05
49
dionne.2020 :
Does this mean you need to do this every 180 days?
2024-07-27 16:23:32
11
Luis da Silva :
Any tips for investors that rent multiple properties?
2024-07-25 17:57:35
16
Lux :
I have a question, 🙋🏽 how do I make a profit if I sell my property high and buy another high?
2024-07-24 17:45:00
22
Arina_Luang :
Yep! Learned about this last year!
2024-07-24 15:35:01
13
bdwydanirose :
doesn't that mean they also never make the money off selling that property? they're doomed to always owning a property?
2024-07-24 17:44:39
19
Ryan Chase :
So basically upgrade and pay more property tax (annual) and the kid gets everything.
2024-07-25 19:31:48
8
AlexR :
What if I don’t want to exchange? Isn’t some of the gains exempted to a certain threshold?
2024-07-25 16:37:22
5
paulswann832 :
drill down into State level consequences where you exchange across state lines.
2024-07-26 10:02:53
11
Penny packer :
Yeah but you have to spend the entire sale proceeds on the new property, not just the gain or even the cash proceeds. If you have a mortgage you better have enough cash in the bank to pay it off…
2024-07-25 20:59:27
14
Wealth w/ Multifamily Appts :
Can't wait to read it
2024-07-24 20:06:35
4
Bill Huff :
Thank you for sharing. 😎
2024-07-24 15:19:27
4
Dr Kathy Nickerson :
Love you Vivian, thank you!
2024-07-24 17:33:34
12
jim :
Can you do a 1031 ex and use it for a primary residence in another city
2024-07-25 04:48:41
5
Nicole :
Or you can take the proceeds and invest in a 1031 exchange fund
2024-07-24 14:29:15
11
Halil Ibrahim ceyhan :
am interested
2024-08-10 14:23:24
2
DHN :
Is this applicable to both investment and owner occupied property?
2024-07-27 18:21:22
9
sim | 태준 :
You still need to purchase a home thats equal or more. Which means increased property tax. Its a no win situation if have no money
2024-08-06 17:02:16
2
Lesley💚 :
Can I use the capital gains towards an already existing mortgage to avoid paying taxes? Or it HAS to be a new purchase?
2024-07-29 18:56:15
4
SPAHANYC :
Vivian. Why isn’t this type of financial literacy taught in middle school and right through high school? This would helped so many of us a long time ago. Thanks for sharing
2024-07-27 05:55:46
15
kevint09 :
It reduces your estate exemption tho
2024-07-24 14:28:05
9
ajitpafarut :
you sell buy next
2024-10-02 15:07:15
1
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