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Updated almost 5 years ago on . Most recent reply

1031 exchange 2 less for one that's more?
I have two properties; one with a FMV of $35,000 the other $48,000. Together, that's $83,000. Can I 1031 exchange two properties and buy one with a higher value than the two combined? Buy a property worth $100,000?
TIA,
Stephen Rager