1031: seller credits and closing costs

[Christian Luong]

Hi everyone,

I plan to sell a house and do a 1031. Are there any tips to avoid out of pocket expenses? Ideally I'd like to find ways to pay for expenses without having to pay from my own

- $12K roof repair before selling: looks like I cannot use the proceeds to pay that off or else it will count as a boot. Am I right?

- buyer asks for a $10K seller credit - will it be taxable and part of the boot?

Thanks