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1031 Exchanges
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Updated almost 9 years ago,

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2
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0
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Shawn Albrecht
  • Investor
  • Carrollton, OH
0
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2
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1031 Exchange Ohio- Purchasing Next Property

Shawn Albrecht
  • Investor
  • Carrollton, OH
Posted

Currently own rental farmhouse free and clear. Scheduled to be auctioned (absolute). Anticipating about 100K of proceeds from the sale to work with for a 1031 Exchange on next property. My question is: Do I have choices to buy a multifamily property and or single family homes (income properties that will be rented)? Like/kind is stated in the rules but does not say that I can't buy more than one property with this 1031 exchange. Has anyone purchased multiple properties with 1031 Exchange?

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