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Updated over 6 years ago on . Most recent reply

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Kristi Kandel
  • Developer
  • Fort Myers Beach, FL
180
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349
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1031 exchange for house to 4-plex in nevada

Kristi Kandel
  • Developer
  • Fort Myers Beach, FL
Posted

Hey guys! I own 3 investment properties and just went into escrow on my first property that I'm selling instead of buying. I want to do a 1031 exchange and want to make sure I do it right. The home I'm selling is in nevada and it's a 3/2 townhome. I plan on rolling it into a 4-plex rental property also in nevada. I would really appreciate any guidance you guys can provide. 

  • Kristi Kandel
  • Most Popular Reply

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    Natalie Kolodij
    • Tax Strategist| National Tax Educator| Accepting New Clients
    4,437
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    Natalie Kolodij
    • Tax Strategist| National Tax Educator| Accepting New Clients
    ModeratorReplied

    @Kristi Kandel 

    There are two AMAZING options here on Bigger Pockets. 

    I would talk to 

    @Dave Foster and @Bill Exeter 

    Either of these guys will take care of you and make sure your exchange goes well!

    It is important to ensure that you have a search kind of going ahead of time- there is a strict timeline. You an also look into a reverse 1031 if building is something you're interested in.

    I'll let the experts chime in though :) 

    business profile image
    Kolodij Tax & Consulting

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