Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

57
Posts
42
Votes
Jeff Weaver
  • Investor
  • Troy, MI
42
Votes |
57
Posts

Security deposit’s on 1031 sale

Jeff Weaver
  • Investor
  • Troy, MI
Posted
Selling small MF on a 1031, my question is on the security deposits. In the past when I’ve purchased property the security deposit came out of the seller proceeds, does that work the same when I’m the seller and the proceeds are going to a 1031 exchanger ? Or do I need to bring a check to closing for the security deposits ( $7,000) Thanks for your help Jeff

Loading replies...