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1031 Exchanges

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Ross Ellington
  • Investor
  • New Braunfels, TX
26
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139
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Please help with some 1031 ?s

Ross Ellington
  • Investor
  • New Braunfels, TX
Posted Jun 4 2015, 08:16

Good morning bp had sone questions on 1031. My first is can you use a1031 for primary residence to primary residence, would that be like kind? Or is it strictly investment? Can commercial be included? Also we know that the purchase price must be higher then the sale price to a void taxes but for the difference could you just use traditional financing options? Thanks guys..have a wonderful day

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