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Updated over 5 years ago on . Most recent reply

User Stats

75
Posts
40
Votes
Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
40
Votes |
75
Posts

Portfolio loan- can I sell just 1 home and 1031 exchange?

Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
Posted

Hi, I'm considering refinancing 5 homes (currently with Sallie Mae fed mortgages) into a single private loan. If I want to sell just 1 of the homes in a few years, how does that work and can I do a 1031 exchange on just 1 property? Thanks! 

( I know you can't give me tax advise I'm just looking for general points on how the process works)

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