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Updated about 3 years ago,

User Stats

15
Posts
24
Votes
Mark Delgado
Pro Member
  • Real Estate Broker
  • Sacramento, CA
24
Votes |
15
Posts

1031 replacement property question

Mark Delgado
Pro Member
  • Real Estate Broker
  • Sacramento, CA
Posted

Hi everyone,

I'm selling a SFR and intend to complete a 1031 exchange into something else. Does the replacement property sales price need to be higher than what I sell the SFR for? Or can I buy a property that has a lower sales price, but that sales price is high enough so that I can invest all my profits into that and be ok?

  • Mark Delgado
  • Loading replies...