Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply presented by

User Stats

6
Posts
0
Votes
Rajan Ch
  • Rental Property Investor
  • Los Angeles, CA
0
Votes |
6
Posts

I have a 1031 exchange 2 M total

Rajan Ch
  • Rental Property Investor
  • Los Angeles, CA
Posted

My wife and I sold a 4 unit apartment and left with about 500 K in equity with total sale of 1.08 M. Plan is to buy total of 2 M in real estate through a 1031. Prefer California and but open to other areas and other types of real estate . Curious what some ideas would be that somebody would want to do in this type of market. 

Most Popular Reply

User Stats

5,037
Posts
4,678
Votes
Taylor L.
  • Rental Property Investor
  • RVA
4,678
Votes |
5,037
Posts
Taylor L.
  • Rental Property Investor
  • RVA
Replied

Are you currently working with a Qualified Intermediary? Sometimes folks are surprised to learn that the QI needs to be engaged before the sale happens and the proceeds need to go to the QI.

Myself, I'd never invest in CA. The 1031 does have a relatively short window to identify and close on a new property, are you familiar with any markets outside of CA?

Loading replies...