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Updated over 2 years ago on . Most recent reply

Account Closed
  • Manhattan Beach, CA
39
Votes |
76
Posts

Are you struggling with your 1031 exchange?

Account Closed
  • Manhattan Beach, CA
Posted

As rates hike up, a lot of investors are struggling to find a suitable replacement property for their 1031 exchange. 

What are you doing to find a property for your 1031? Have you decided to just pay the tax? Is the market not allowing you to find a property that works for you? I'd love to hear what's going on!

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Scott E.
  • Developer
  • Scottsdale, AZ
2,989
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Scott E.
  • Developer
  • Scottsdale, AZ
Replied

I had a property last year where I sold and tried to 1031 the proceeds. During the identification window I did find a few potential properties, but none of them panned out. I'll be paying the tax which I'm fine with. I'd rather pay the tax than buy a bad deal.

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