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Updated over 7 years ago,
Can reno costs be rolled into a 1031 exchange?
Hey folks,
I have a commercial property for sale. I intend to 1031 the proceeds into other commercial properties or multi family rental units. I am working w/ my realtor to identify several exchange candidates so that when the property sells, I have several good options on the table. Can reno costs be rolled into a 1031 exchange?
I know there was a post out here somewhere about valid 1031 costs...I can't find it so sorry in advance if this has already been answered.
Thanks in advance for the assistance!
Karen