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Updated almost 4 years ago,

Carlos Gonzalez's profile image
Carlos Gonzalez's profile image
Carlos Gonzalez
  • Investor
  • from Phoenix, AZ
  • Member since Oct 28, 2015
Connect

User Stats

345
Posts
170
Votes
Carlos Gonzalez's profile image
Carlos Gonzalez's profile image
Carlos Gonzalez
  • Investor
  • from Phoenix, AZ
  • Member since Oct 28, 2015
Connect
Carlos Gonzalez
  • Investor
  • Phoenix, AZ
170
Votes |
345
Posts
1031 Exchanges

Can I sell a fourplex and buy two more using 1031?

Carlos Gonzalez
  • Investor
  • Phoenix, AZ
Posted

I have the possibility to sell one of my Fourplexes that has the most equity and would like to buy two other Fourplexes with the proceeds of the fourplex sold.

My question is, can I do this transaction under the 1031 exchange?

Would I get hit on the taxes if I do this?

Has anyone else done this?

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