Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

2
Posts
2
Votes

$1.4M 1031 exchange 10 days left... Texas? Idaho?

Posted

Hello BP, 

Recently I sold a property and did a reverse 1031 exchange where I was able to put $3M of the profits in a different property. Unforchantly I still need to identify an additional property where I can put up to $1.4M into it within the next 10 days or Uncle Sam will be getting a good pay-day. Does anyone have any creative ideas? I have been looking at Austin Texas area and developments in Idaho. Let me know if there are other areas that I should look into. Also, if anyone has any apartment buildings they are looking to sell or know of any that are coming up please let me know! 

Most Popular Reply

User Stats

2,362
Posts
2,586
Votes
James Carlson
#5 Classifieds Contributor
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
2,586
Votes |
2,362
Posts
James Carlson
#5 Classifieds Contributor
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
Replied

@Gabriel Eisenhuth

I'm biased because I live in a very Austin-like town (Denver), but I think Austin is a great buy. For long-term parking of money, you can't do much better. The appreciation potential is huge down there. A diversified economy, great quality of life, relatively affordable real estate (for now). 

Of course, I'd throw Denver in there as well, but if you're already considering Austin, that would be my vote as well. 

Good luck!

business profile image
James Carlson Real Estate

Loading replies...