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Updated almost 11 years ago,

User Stats

299
Posts
125
Votes
Arnie Guida
  • Residential Landlord
  • Greenfield, WI
125
Votes |
299
Posts

1031 Question

Arnie Guida
  • Residential Landlord
  • Greenfield, WI
Posted

The old property has to be sold first, then the new one bought, right?

I've found a 4plex I want to buy, and could buy it normally, but I have a SFH(rental) I wouldn't mind selling. I doubt I could sell the SFH in time before closing on the 4plex.

Is there any way to sell a property "after the fact" to qualify for the 1031 Exchange?

Thank you,

Arnie

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