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Updated over 9 years ago on . Most recent reply

David K.'s profile image
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David K.
  • Real Estate Investor
  • from Park City, Utah
  • Member since Jul 6, 2014
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David K.'s profile image
David K.'s profile image
David K.
  • Real Estate Investor
  • from Park City, Utah
  • Member since Jul 6, 2014
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David K.
  • Real Estate Investor
  • Park City, UT
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1031 Exchanges

Substantially Similar

David K.
  • Real Estate Investor
  • Park City, UT
Posted

can someone explain this term in the context of 1031 exchanges?  Are units in the same building considered substantially similar? For example, the unit you identify becomes unavailable and you buy an identical one in the same building or you make a mistake as to the unit number.  Thanks.

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