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Eric Black
  • Rental Property Investor
  • from Where we are parked
  • Member since Apr 22, 2013

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Eric Black's profile image
Eric Black's profile image
Eric Black
  • Rental Property Investor
  • from Where we are parked
  • Member since Apr 22, 2013
Eric Black
  • Rental Property Investor
  • Where we are parked
178
Votes |
584
Posts
1031 Exchanges

Getting into contract before sale completes

Eric Black
  • Rental Property Investor
  • Where we are parked
Posted

We are getting ready to close on the sale of an investment property and we will be doing a 1031 Exchange.

My question is, can we enter into contract on the next house prior to closing on the sale of our house or do we have to wait until after our sale closes for it to qualify for the exchange?

Thanks in advance.

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