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Updated over 7 years ago,

User Stats

165
Posts
137
Votes
Karen Chenaille
Pro Member
  • Real Estate Agent
  • Sevierville, TN
137
Votes |
165
Posts

Can reno costs be rolled into a 1031 exchange?

Karen Chenaille
Pro Member
  • Real Estate Agent
  • Sevierville, TN
Posted

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

  • Karen Chenaille
  • Loading replies...