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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
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1031 Exchanges
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Arnie Guida's profile image
Arnie Guida's profile image
Arnie Guida
  • Residential Landlord
  • from Greenfield, Wisconsin
  • Member since Feb 16, 2013
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Arnie Guida's profile image
Arnie Guida's profile image
Arnie Guida
  • Residential Landlord
  • from Greenfield, Wisconsin
  • Member since Feb 16, 2013
Connect
Arnie Guida
  • Residential Landlord
  • Greenfield, WI
125
Votes |
299
Posts
1031 Exchanges

1031 Question

Arnie Guida
  • Residential Landlord
  • Greenfield, WI
Posted Jan 24 2014, 05:10

The old property has to be sold first, then the new one bought, right?

I've found a 4plex I want to buy, and could buy it normally, but I have a SFH(rental) I wouldn't mind selling. I doubt I could sell the SFH in time before closing on the 4plex.

Is there any way to sell a property "after the fact" to qualify for the 1031 Exchange?

Thank you,

Arnie

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