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Updated about 8 years ago on . Most recent reply

User Stats

59
Posts
17
Votes
Greg D.
  • Investor
  • Tewksbury, MA
17
Votes |
59
Posts

Do I have an exchange opportunity?

Greg D.
  • Investor
  • Tewksbury, MA
Posted

Sell: $500k

Buy: $400k + $150k renovation

Is there anyway I can make an exchange work with this scenario where I'd be buying in at a lower cost than my like-kind sale but the purchase would have a higher total cost basis after renovation?

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