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Updated almost 9 years ago on . Most recent reply

Daniel Peavey's profile image
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Daniel Peavey
  • from Atlanta, GA
  • Member since Dec 5, 2014
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Daniel Peavey's profile image
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Daniel Peavey
  • from Atlanta, GA
  • Member since Dec 5, 2014
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Daniel Peavey
  • Atlanta, GA
109
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1031 Exchanges

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??

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Mark Creason's profile image
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Mark Creason
  • Real Estate Lender and Broker
  • from Dallas, Texas
  • Member since Aug 21, 2013
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Mark Creason's profile image
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Mark Creason
  • Real Estate Lender and Broker
  • from Dallas, Texas
  • Member since Aug 21, 2013
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Mark Creason
  • Real Estate Lender and Broker
  • Dallas, TX
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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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