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Updated over 3 years ago,
Queston on timing for a 1031 Exchange
We are looking at selling a flip property but it will likely take 3 months to close on that property and take money from the sale.
We are also looking at another rental property that woudl likely close before the flip property will.
The question is, is there a way to transfer the profit on the flip property to the rental property of the rental closes before the flip property does?
Thanks
We are also looking at another rental property that woudl likely close before the flip property will.
The question is, is there a way to transfer the profit on the flip property to the rental property of the rental closes before the flip property does?
Thanks