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Updated about 4 years ago on . Most recent reply
Need to find 1031 exchange properties
I am doing a 1031 on several properties I have in California, I am having a hard time deciding on the best options for the exchange. I'm not sure if I should find something locally in the bay area or out of state. I've spent time looking at both options, currently looking at OOS properties in Florida. A small multi-family would be ideal. Since timing is very tight with the 1031 rules, I need to find something quickly, not easy to do in today's hot market with the low inventory. A NNN lease is also an option I looked into.
Who here has had successful 1031 exchanges? What markets did you look into? I'm feeling the stress of the process unfortunately...
Most Popular Reply
Keep DSTs in your back pocket as back up options.
my2c