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Updated almost 4 years ago on . Most recent reply

User Stats

897
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547
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Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
547
Votes |
897
Posts

1031 exchange question

Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
Posted

Hello have a 1031 exchange question. Have a house i want to sell and have identified a property I want to buy. Is there a way to get the property under contract first and then sell the house for the 1031 exchange or does the house need to be sold first?

Also the house has only been owned for 10 months is there a length of time the house needs to be owned to be eligible for 1031 exchange? Thanks

  • Jared Hottle

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