1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago,
Expenses that can be used in a 1031
The property we have has some repair work that needs to be done before we are selling it out as a 1031. What kind of expenses can be claimed back from the sale proceeds? (Eg Travelling cost, cost to repair (labor, materials). And if not, where should they be deducted? I would think these are considered operational expense but with a 1031 I’m just not sure. Any hints?