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1031 Exchanges
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Updated almost 8 years ago,

User Stats

105
Posts
15
Votes
Maria A A.
  • Investor
  • Reno, NV
15
Votes |
105
Posts

Calculating Net Proceeds needed to buy replacement property

Maria A A.
  • Investor
  • Reno, NV
Posted

Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exchange? Excluding these costs actually overstates the amount of ACTUAL net proceeds you receive from your 1031 exchange.

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