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Updated over 5 years ago,
1031 and reduce risk
For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.
Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold off all 8, buying 4,is there any trick I can use to accomplish this?
Thanks in advance.