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Updated about 2 years ago on .
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- Fairfax, VA
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Can someone give me an example of their 1031 experience
I am looking for someone to give me an example where they traded real property for another (but not a DST). Let's do a deal deep dive. How much equity did you move over, why did you move it over, what is the new rate of return on the new property, how much equity or potential equity did you trade up to etc. Type of asset class you traded for etc. Love to hear your feedback.
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If I can just add to John's question, I'm curious to know how much the 45-day identification period factored into your decision and whether the time constraints helped or hurt you. I won't pretend to be "asking for a friend"; I'm currently 11 days away from my deadline with no clear cut replacement property, and am leaning toward letting the exchange fail and pay the hefty 15+ years of depreciation recapture.