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Updated almost 2 years ago,

User Stats

47
Posts
22
Votes
Bret Halsey
  • Investor
  • Cincinnati, OH
22
Votes |
47
Posts

Subject-to on a 1031 Exchange

Bret Halsey
  • Investor
  • Cincinnati, OH
Posted

I'm speaking to an owner who bought a property through 1031-exchange and has a 2 year required hold period due to owning it in an LLC and being a "related party". Could I purchase this property subject-to the current mortgage to avoid triggering the due-on-sale clause as well as maintain his holding period requirements? What other ways might I be able to acquire this property while keeping his tax strategy intact?

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