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Updated over 1 year ago,

Alex U.'s profile image
Alex U.'s profile image
Alex U.
  • Investor
  • from San Diego, California
  • Member since Mar 26, 2013
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User Stats

94
Posts
32
Votes
Alex U.'s profile image
Alex U.'s profile image
Alex U.
  • Investor
  • from San Diego, California
  • Member since Mar 26, 2013
Connect
Alex U.
  • Investor
  • San Diego, CA
32
Votes |
94
Posts
1031 Exchanges

1031 into paying for new construction costs for new units on existing property

Alex U.
  • Investor
  • San Diego, CA
Posted

1. Property A was purchased 10 years ago.  

2. Property B was purchased 3 months ago.

I would like to sell Property A, and 1031 the proceeds into an account.  Then use those funds to pay for the new construction build contractor costs on 2 units next year on property B.

Is this possible?

Orange County, California
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