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Investment property via 1031 exchange? |
I own a duplex and live in one of the units, the property is 3 months old thus I have very little equity but I am interested in growing my portfolio... is there any way for me to aquire more properties {eg 1031 X } or is this a Unicorn... You MUST speak with a real estate professional OR a real estate attorney familiar with 1031 exchanges. 1-18-08 Hi JAFO! Talk to a CPA about your options. |
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I'm surprised. Bostonianinmo's answers are usually right on target. But a 3-unit qualifies as as a residential loan, not a commercial loan. Nonetheless, you won't find 100% financ... There is a ton of these type of deals going up in Tennessee - but I say don't buy what you don't know - So you're a landlord, and how will you find tenants, and when the water pipe ... It's not bad; how well it would pay off depends on the future trend of interest rates. If long-term rates soar, the proposed move would score nicely. If they stay low, you won't have ga... Having worked in several large NYC banks, there are quite a few jobs in product control...it is very marketable as long as you want to stay in NY. Different companies have different names for the ... That is a great idea.....Many RE investor's start this way....If you go into this business, you must have SOME capital....And if you sell your home in two years, you can reinvest that money in... This statement reflects CHANGES in accounts. If there was no change (no money added to or taken out of or derived from equities it would not even appear) if there were changes then it would ...Coach is a good stock... it getting better every year its steady... EBAY is a good one though ...b ... |
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