1031 Exchange Question

[Lisa Beard]

If I am planning on a 1031 Exchange, can I close on the new property before I close on the old one? I would basically float the money for the new house until the money from the old house comes in. Any idea if that would work or not?

[Lisa Beard]

@Dave Foster thanks, Dave. I thought about that - may not be worth it. But your number 2 and 3 points could certainly work. I appreciate the input!