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Updated about 2 years ago,

User Stats

266
Posts
311
Votes
Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
311
Votes |
266
Posts

to 1031 or not to 1031?

Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
Posted

I own two properties where I live. I may have to move to another state where I have a property there.

Do I have to do a 1031 exchange to not pay taxes or can I just sell and buy within the required time frame?

Both properties on in 1 LLC.

Also, would I need to use a 1031 broker (?) or can I do this myself?

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