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1031 Exchanges
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Updated almost 9 years ago on . Most recent reply presented by

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220
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Daniel Peavey
  • Atlanta, GA
109
Votes |
220
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1031 exchage

Daniel Peavey
  • Atlanta, GA
Posted

can a investor sell 7 properties

And use a 1031 to invest in a single property, I.e. Apartment complex??

Most Popular Reply

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Mark Creason
  • Real Estate Lender and Broker
  • Dallas, TX
499
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Mark Creason
  • Real Estate Lender and Broker
  • Dallas, TX
Replied
Originally posted by @Jonathan J. Miller:

I believe in a 1031 exchange they have to be the same property type.  Residential to commercial is not allowed.

Jonathan,

That is not correct.  Investment real estate to investment real estate is allowed.

Mark

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