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Updated 11 months ago,
1031 exchange for construction loan?
I have a plot of land that I own. I want to sell a rental property and use a 1031 to get a construction loan to build on this plot. Is this do-able or can 1031 exchangess only be used for already constructed real estate?
Also, if anyone know of a good qualified intermediary for a 1031 in Knoxville, TN please let me know.
Thanks
Imran