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Updated over 1 year ago, 07/05/2023
What Are The Best Use For 1031 Exchange Funds?
Hi, I'm completing the purchasing process of a 1031 exchange and just received the final closing disclosure. I currently have more funds in the 1031 account then what is required to purchase the property (Downpayment and Closing cost). I would like to spend all of the funds within the 1031 accounts and wanted to know what all can the 1031 funds be used for? Thanks!