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Updated almost 4 years ago,

Mike Stosich's profile image
Mike Stosich's profile image
Mike Stosich
  • Member since Sep 21, 2019
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Mike Stosich's profile image
Mike Stosich's profile image
Mike Stosich
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Mike Stosich
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1031 Exchanges

1031 exchange question

Mike Stosich
Posted

Can I 1031 exchange into a down payment on multiple long term rentals? 

For example. Selling a piece of land with 50% ownership for 1.6mm. Can I take my 800k and 1031 it into $100k down payments on let’s say 8 $400k houses that I’d use as long term rentals? 

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