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Updated 9 months ago,
Advice on 1031Exchange
I have a single rental property in CA which is paid for. Will it make sense to do a 1031 exchange to condo/condos in Honolulu? Zillow shows it’s estimated at $772K. I’ve checked Honolulu and seen condos as low as 250k ( studio/condotels) to 700k. Will really appreciate any advice/feedback. Thank you much!