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Updated almost 6 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from Connecticut
  • Member since Feb 9, 2016
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from Connecticut
  • Member since Feb 9, 2016
Connect
Account Closed
  • Real Estate Investor
  • Connecticut
0
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8
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1031 Exchanges

1031 Exchange question

Account Closed
  • Real Estate Investor
  • Connecticut
Posted

Hello!

My question is simple to me but the answer im not so sure of. If i sell a home and net $250,000...would i be able to use that as 25% "downpayment" on another like kind property? I am investigating properties i should be looking at purchase.

How much investment property can i buy in my scenario?

Thanks for any knowledge you can provide.

Jose, CT

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