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Updated over 6 years ago on . Most recent reply
1031 exchange into my own property?
I'm new to this site and am enjoying all of the information provided!
I currently own a property in, what I believe, is a hot market. I would like to sell it and purchase multiple properties in a better cash flowing market. I have a time frame for selling next spring but would like to move forward with my next purchase this calendar year.
My question is this, when I sell next spring, can I 1031 exchange some of the money into my second property that I purchase this year?
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Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
A Reverse Exchange.....
@Dave Foster ??