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1031 Exchanges
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Updated about 7 years ago on . Most recent reply
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Grant cardone episode 250 1031 exchange?
I’m looking to do a 1031 exchange in Florida..
On episode 250 Brandon was talking about a 1031 exchange and how you have 45 after the sale to find/buy another property so you don’t get taxed. My question is Cardone said something about 6 months and to read in between the line.. what was he referring to about the 1031 exchange? He didn’t want to say it on the air but is there a way to get around the 45 days exchange period?
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@Logan Larochelle , before you put your current property on the market, you NEED to talk to a 1031 Qualified Intermediary. There are SO MANY RULES for a 1031 exchange, and if you miss even one, all the tax benefits fly out the window.
Attention QI's. This is NOT the place to advertise your services. I will remove your posts if you do.