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Updated about 6 years ago on . Most recent reply
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Rolling multiple investment properties into a 1031
Hi everyone, BP newb here.
Sorry if this has already been asked, but I'm curious if it's possible to roll multiple investment properties into a single 1031 exchange, given that the new property is valued at higher than the total of all the other properties.
For example, if I sell 3 properties worth $100,000 each ($300,000 total) and then purchase a $500,000 property as a 1031.
Thanks!
Most Popular Reply
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@David Choe
Yes you can. The 45 day and 180 day time limits begin with first sale. Consult with a CPA and qualified intermediary needs be involved too.