Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 06/29/2017

User Stats

283
Posts
179
Votes
Logan Turner
  • Rental Property Investor
  • Dallas, TX
179
Votes |
283
Posts

Can I sell a note and 1031 it into a property?

Logan Turner
  • Rental Property Investor
  • Dallas, TX
Posted
So I have a question for some smart people out there. I own a note (seller financing to a homeowner) and I'm interested in selling my note on a discount and then with the proceeds performing a 1031 exchange into a cash purchase on a rental house. Is this possible? Is a note purchasing a property a like kind exchange? Second question: what if I sell my note, and use the money to purchase the note that is on one of my rentals? Would this qualify? I own the note in my name but the rental is in my LLC. Thanks everyone! Looking for Opinions not legal advice.

Loading replies...