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Updated almost 8 years ago on .
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Exchanging one flip for another fixer upper
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
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Wayne Brooks
#1 Foreclosures Contributor
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- West Palm Beach, FL
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Just be aware, a short term"flip" does not qualify for a 1031, it is for properties held as long term investments.