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Updated over 13 years ago,
1031 Exchange - Timing Is Everything
I am looking to move forward on a 1031 exchange and trying to decide on a "Qualified Intermediary". I am already putting down 25% on two new duplexes (pre-rented) which leaves me with an extra 50k. Should I investigate buying a 3rd property or just split the sale monies into both properties? I don't want to get hit with the capital gains tax.