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Updated almost 3 years ago,

User Stats

13
Posts
4
Votes
Connor S.
  • Wilmington, NC
4
Votes |
13
Posts

1031 & Delayed financing

Connor S.
  • Wilmington, NC
Posted

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! 

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