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Updated about 3 years ago on . Most recent reply presented by

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Marc Knipe
  • Real Estate Consultant
  • Philadelphia, PA
5
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What's your experience with using 1031 Exchanges?

Marc Knipe
  • Real Estate Consultant
  • Philadelphia, PA
Posted

Hi everyone,

I was curious if some of you could share your experience using a 1031 exchange. I've heard that the deadlines are kind of brutal and that there are a lot of restrictions involved. Is this true? And if so, do you mind sharing specifics of your 1031 exchange experience? Thank you! 

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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied

@Marc Knipe I have some really good examples of real life completed 1031 exchanges where investors have exchanged out of a property in one market and exchanged into a property in another market. The hardest part is having a team lined up that can corral everything you need but there is a process for that. I can show these to you if you are interested?

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