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Updated almost 4 years ago on . Most recent reply presented by

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Jon Mizuno
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1031 Exchanges

1031 Exchange to purchase and FSBO

Jon Mizuno
Posted

HI All,

anyone know if I can do a 1031 exchange to purchase an FSBO? Any rules or things to look out for? Thanks in advance!

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Jon Mizuno
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Jon Mizuno
Replied
Originally posted by @Bill B.:

Nope. Just don’t take possession of the money. Get a QI involved, identify the property within 45 days and buy within 180 days. 

Thanks a lot Bill, I appreciate it!  

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