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Updated over 3 years ago, 08/21/2021
1031 exchange or not?
I have a closing on 1 Sep where I will net $10k, then another closing for a property that I am purchasing for $45k on 16 Sept. My question, is it worth the effort and expense to do a 1031 for the $10k from the first sale to use for the second sale? With it only being $10k, I'm not sure if it's worth the effort.
Thanks, Cajun