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Updated over 4 years ago on . Most recent reply

User Stats

25
Posts
12
Votes
Brandt Baize
  • Investor
  • St. Petersburg
12
Votes |
25
Posts

1031 into multiple properties in St. Pete area

Brandt Baize
  • Investor
  • St. Petersburg
Posted

I am selling one of my condos and am planning to 1031 the equity. I am looking for multiple SFH and or Duplex, tri, quad. Wanting to purchase in the St. Pete or surrounding area. I am putting the unit up this week for sale. Just wanted to get a jump start on looking at properties (given the time frame of 1031). Ones that need some TLC. Thank You for everyones help

  • Brandt Baize
  • Most Popular Reply

    User Stats

    8,983
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    Dave Foster
    #1 1031 Exchanges Contributor
    • Qualified Intermediary for 1031 Exchanges
    • St. Petersburg, FL
    9,355
    Votes |
    8,983
    Posts
    Dave Foster
    #1 1031 Exchanges Contributor
    • Qualified Intermediary for 1031 Exchanges
    • St. Petersburg, FL
    Replied

    @Brandt Baize and I'm a huge St. Pete fan!  Cmon down.  The waters fine and brew pubs and border collies galore.  Very wise move to start your search early.  You can even go into contract on your replacement properties before you close the sale of your old property.  You just can't close the purchase until after closing the sale.  This can alleviate a lot of the timing and identification issues mentioned above.

    • Dave Foster
    business profile image
    The 1031 Investor
    5.0 stars
    94 Reviews

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