Dec
19
Can I use the 1031 Exchange if im selling one property for a higher value property? Im buying in incriments?
Filed Under Home :: Real Estate
unique asked:
Like if I sell a property worth 20,000 and buy two properties with that money one for 5,000 worth 10,000 and one for 15,000 worth 30,000 can I do the 1031 exchange if im getting my assets from tax sale auctions and buying in incriments like that?
Dora
Like if I sell a property worth 20,000 and buy two properties with that money one for 5,000 worth 10,000 and one for 15,000 worth 30,000 can I do the 1031 exchange if im getting my assets from tax sale auctions and buying in incriments like that?
Dora
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quick answer yes