Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Reverse 1031 Exchange - Possible?
I have three properties currently in escrow, and just listed a property for sale. Here are the facts:
- Properties in Escrow (all in St. Louis)
- 4 family - $349K (Closes March 22nd)
- 4 family - $310K (Closes March 29th)
- 4 family - $290K (Closes April 22nd)
- I have a property for sale in San Diego (listing tomorrow).
- SFR - $650K
I can close on the existing three, and was then planning to perform a standard 1031 exchange and purchase more properties. However, has anyone done a reverse 1031 exchange? This appeals to me as I know I want these properties, and I won't be under the gun to find other properties within 45 days. I can purchase additional properties at my leisure, or not at all. I know that this process can be complex, so I would love any opinions on the matter. For one, did I give myself enough time to even accomplish this? See the link below on reverse 1031 exchanges....