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Updated over 8 years ago,

Lillian Shi's profile image
Lillian Shi's profile image
Lillian Shi
  • Investor
  • from Tenafly, New Jersey
  • Member since Dec 12, 2015
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User Stats

27
Posts
2
Votes
Lillian Shi's profile image
Lillian Shi's profile image
Lillian Shi
  • Investor
  • from Tenafly, New Jersey
  • Member since Dec 12, 2015
Connect
Lillian Shi
  • Investor
  • Tenafly, NJ
2
Votes |
27
Posts
1031 Exchanges

1031 exchanges Can I do this?

Lillian Shi
  • Investor
  • Tenafly, NJ
Posted
After I sold a flipping property ( single family residence), can I use the profit to purchase a rental property ? Is this qualify for 1031 exchange? Second question, may I use the flipping profit to purchase a rental property which is under my relative's name.
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