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1031 Exchanges
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Updated over 6 years ago,

User Stats

68
Posts
14
Votes
James H.
  • Investor
  • Florida
14
Votes |
68
Posts

1031 exchange newly purchased property

James H.
  • Investor
  • Florida
Posted

BP fam, quick question, I have owned a single fam property for 30 days. I paid $24500 cash and but $10k in repairs and was intending to rent but I have found a larger rental opportunity. Can I 1031 exchange it? I have a potential buyer and a contract on the larger multifamily property. 

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