EXCHANGING MULTIPLE PROPERTIES FOR ONE

[Will Devenport]

Hello fellow investors. I am new to this forum, I have been browsing Biggerpockets for a while and it is about time I signed up.

I have been investing in properties for about 10 yrs now and I am at point where I would like to take the equity in three properties and roll them into a large apartment complex. However, I am not sure how to sell three properties within the 45 day window I have for the 1031 exchange?

I hope someone has done this before and could offer some pointers.

The properties for sale are a 5-plex, a duplex and a beach cabin. The two plexes are investment properties and the beach cabin is my primary residence (for gain exemption purposes). I own them outright and they are worth between $300k-$350k each. I am hoping to put the total equity into the largest complex I can afford. (40-60 units, $2-4mil.)

Any advice on how to do this would be greatly appreciated.

Thank you