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Updated almost 7 years ago on . Most recent reply

Rick T.'s profile image
Rick T.'s profile image
Rick T.
  • Investor
  • from Columbia, South Carolina
  • Member since May 20, 2017
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Rick T.'s profile image
Rick T.'s profile image
Rick T.
  • Investor
  • from Columbia, South Carolina
  • Member since May 20, 2017
Connect
Rick T.
  • Investor
  • Columbia, SC
7
Votes |
36
Posts
1031 Exchanges

Pay Down Mortgage of Replacement Property In 1031

Rick T.
  • Investor
  • Columbia, SC
Posted

I'm in the middle of a 1031 Exchange.  I purchased one replacement property and have cash left over with the 1031 intermediary.   I paid for it with a new mortgage and cash.  

With remaining cash with my 1031 intermediary, may I pay down further the replacement property I purchased?  

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