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Jim Francis
  • Real Estate Investor
  • from AL
  • Member since Jan 5, 2008

User Stats

131
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Jim Francis's profile image
Jim Francis's profile image
Jim Francis
  • Real Estate Investor
  • from AL
  • Member since Jan 5, 2008
Jim Francis
  • Real Estate Investor
  • AL
1
Votes |
131
Posts
1031 Exchanges

Funds for 1031 Exchange Question

Jim Francis
  • Real Estate Investor
  • AL
Posted

Can someone tell me a bit about the 1031 process. What I mean is, I have a property I am selling and I'd like to 1031 it. Do I have to place all funds I recieve when I sell into the new property? Or, can I only place profits into and keep my equity from the previous property as cash deposit?

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