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Updated about 4 years ago,
A Few 1031 Questions
Can someone please remind me...
I can use 1031 proceeds from one property to acquire 3 new properties?
Can any of those new properties have a purchase price less than the property of which the proceeds are from?
For example, I sold a $150,000 duplex, and looking to acquire 3 new properties, two of which are $100,000 and one that is $165,000.
Any issues here?
Thanks in advance!!!