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Updated over 3 years ago,

Megan Elliott's profile image
Megan Elliott's profile image
Megan Elliott
  • Real Estate Agent
  • from Surf City, NC
  • Member since Jan 23, 2020
  • Posts 25
  • Votes 13
  • Experience 5 Yrs
  • Investments 7
Connect

User Stats

25
Posts
13
Votes
Megan Elliott's profile image
Megan Elliott's profile image
Megan Elliott
  • Real Estate Agent
  • from Surf City, NC
  • Member since Jan 23, 2020
  • Posts 25
  • Votes 13
  • Experience 5 Yrs
  • Investments 7
Connect
Megan Elliott
  • Real Estate Agent
  • Surf City, NC
13
Votes |
25
Posts
1031 Exchanges

1031 Exchange on a New Construction

Megan Elliott
  • Real Estate Agent
  • Surf City, NC
Posted

Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction.  I am assuming the house would need to be complete and closed on within the 180 days, but I figured I would put it out to the experts.  Is there any leniency if there are construction delays?  Thanks so much!

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