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Updated about 5 years ago on . Most recent reply

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Jesus Hurtado
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1031 Exchanges

1031 Exchange rules when buying first

Jesus Hurtado
Posted

When doing a 1031 exchange do you need to sell the first property fits or can you buy the new property and then sell the first one and still qualify ?

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Rob Pecha
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Rob Pecha
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Rob Pecha
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  • New York City, NY
Replied

@Jesus Hurtado what you are looking to do is known as a reverse 1031 exchange. Any reputable QI will know how to handle it. Best of luck!

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