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Updated about 3 years ago on 09/21/2022. Most recent reply presented by

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Rob HakesPoster

Murray, UT

Can I 1031 Exchange This?

Rob HakesPoster

Murray, UT

Posted September 20, 2022 09:47

I own a rental property. I am under contract to eventually sell an easement for a cell tower on a portion of the property and receive a lump sum. Just trying to find a way to reduce taxes on this unique situation. Would it be possible to use the funds from the sale of the easement to 1031 the money into other rental properties? I have heard differing opinions, but wondering if anybody has any thoughts or experience.

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Qualified Intermediary for 1031 Exchanges
St. Petersburg, FL

Dave Foster

Qualified Intermediary for 1031 Exchanges
St. Petersburg, FL

Replied September 20, 2022 12:30

Dave Foster

The 1031 Investor

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