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William R. Matthews IV's profile image
William R. Matthews IV's profile image
William R. Matthews IV
  • Rental Property Investor
  • from Leesburg, VA
  • Member since Oct 28, 2016
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William R. Matthews IV's profile image
William R. Matthews IV's profile image
William R. Matthews IV
  • Rental Property Investor
  • from Leesburg, VA
  • Member since Oct 28, 2016
Connect
William R. Matthews IV
  • Rental Property Investor
  • Leesburg, VA
2
Votes |
36
Posts
1031 Exchanges

1031 from raw land to rental?

William R. Matthews IV
  • Rental Property Investor
  • Leesburg, VA
Posted

Can I use the 1031 exchange from a raw land purchase to a small condo and then rent out the condo/house?

My situation is that I've purchased some land on the coast and if I flip it can I take that gain and put it into a property I can now rent out even though it is not land? Thoughts? Thanks all!

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