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Updated almost 4 years ago, 03/12/2021

Nicholas Lovric's profile image
Nicholas Lovric's profile image
Nicholas Lovric
  • Investor
  • from Vancouver
  • Member since Oct 20, 2017
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User Stats

9
Posts
1
Votes
Nicholas Lovric's profile image
Nicholas Lovric's profile image
Nicholas Lovric
  • Investor
  • from Vancouver
  • Member since Oct 20, 2017
Connect
Nicholas Lovric
  • Investor
  • Vancouver
1
Votes |
9
Posts
Buying & Selling Real Estate

1031 Question - Not an easy one

Nicholas Lovric
  • Investor
  • Vancouver
Posted

Hey BP Friends, 

I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred taxes all at once or over the period of the loan? Any insights would be greatly appreciated.

Cheers,

Nick 

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