Quick question for anyone doing 1031 exchanges right now
I’m trying to understand what actually qualifies as a workable replacement property for current 1031 exchangers in Texas.
For those who’ve completed exchanges recently (or are in a 45-day window now):
• Are people realistically using land as replacement property?
• Does unrestricted land cause any issues with QIs or lenders?
• What price ranges are most common right now in Houston?
I appreciate any insight.