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Updated over 5 years ago,
1031 exchange for a house already sold
My husband and I sold one of our rental properties towards the end of May. We have found another property we now want to purchase. Could we possibly still do a 1031 exchange or is it too late now? We did not know for sure that we were going to be purchasing this other property so quickly after selling the other so hadn’t really thought much about a 1031 exchange being an option at the time we sold it.