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Updated about 3 years ago on .
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Using a 1031 Exchange for HML
Hi Everyone, I have never used the 1031 exchange, but recently decided to place 2 of my rental for sale. Can I use the profits as a down payment for either a commercial loan or a HML? This is new territory to me so any info you have would be greatly appreciated!
TIA!
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Thanks Dave, this is very helpful. I will surely be in touch if I have any more questions