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Updated over 2 years ago,
How does a 'Deed in Lieu / Subject To' work with 1031?
I am selling my investment SFR and executing my first 1031 exchange. I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. Is this a valid sale transaction in the scope of a 1031 exchange?
Thanks!