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 6 years ago on . Most recent reply

User Stats

552
Posts
181
Votes
Susan O.
  • Fresno, CA
181
Votes |
552
Posts

1031 exchange using QI exchange funds to credit buyer of downleg

Susan O.
  • Fresno, CA
Posted

We recently are doing a 1031 exchange and closed already.  We found out htat we were supposed to credit the buyers something on our sold property.  I was wondering if the QI could credit the buyers of our downleg property after the escrow has closed? It's sort of a mistake in the escrow but the QI seems to say it's OK to do but it's a gray area because it technically should have been handled in the escrow. So almost as if it's not a certain thing. Anyone know for sure had this experience?

Loading replies...