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Updated over 2 years ago, 04/12/2022
1031 & Delayed financing
Does anyone know if you are able to do delayed financing if you use a 1031exchange to buy a house? From what I understand if the government believes you are doing a 1031 and a cash out refinance directly after just to avoid paying taxes than they will not allow it. However if you are refinancing for a business purpose (aka to buy more houses) they will allow it?
Any advice would be appreciated!