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Updated over 2 years ago,

Jorge Martinez's profile image
Jorge Martinez's profile image
Jorge Martinez
Pro Member
  • Investor
  • from Riverside, Ca.
  • Member since Mar 6, 2022
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User Stats

7
Posts
2
Votes
Jorge Martinez's profile image
Jorge Martinez's profile image
Jorge Martinez
Pro Member
  • Investor
  • from Riverside, Ca.
  • Member since Mar 6, 2022
Connect
Jorge Martinez
Pro Member
  • Investor
  • Riverside, Ca.
2
Votes |
7
Posts
Buying & Selling Real Estate

1031 exchange cans and cant's

Jorge Martinez
Pro Member
  • Investor
  • Riverside, Ca.
Posted

Hello Everyone,

I was wondering when it comes to a 1031 exchange, can I take the money from the 1031 and use it to pay off my mortgage on my primary residence and then take the rest and buy another property?

Someone mentioned of a Reverse 1031 exchange, but I am not sure if this would fall under it.

  • Jorge Martinez
    • Riverside, California
    1 Vote
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