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Updated over 7 years ago on . Most recent reply presented by

Michael Kehoe's profile image
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Michael Kehoe
  • from San Diego, California
  • Member since Dec 24, 2013
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Michael Kehoe's profile image
Michael Kehoe's profile image
Michael Kehoe
  • from San Diego, California
  • Member since Dec 24, 2013
Connect
Michael Kehoe
  • San Diego, CA
4
Votes |
11
Posts
1031 Exchanges

1031 exchange into construction loan?

Michael Kehoe
  • San Diego, CA
Posted

BP Community, I'm looking to sell a SFH rental in Florida and 1031 exchange it into a pre-construction duplex with a construction loan. Any advice on if this is possible and what the timing of events need to be? I could sell in the next 30-days and close on the construction loan around the same time. Wondering, does it matter the order if I sell first or close on the loan first? Construction will take about 6-months. Appreciate the guidance! - Mike

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