Skip to content
1031 Exchanges

User Stats

86
Posts
1
Votes
Alex Aronson
  • Real Estate Investor
  • Memphis, TN
1
Votes |
86
Posts

1031 exchange applied to existing property?

Alex Aronson
  • Real Estate Investor
  • Memphis, TN
Posted Sep 3 2008, 00:49

Here is a hypothetical question hoping that someone can answer.

Say I have two properties (A and B) with both properties having separate mortgages.

Can I sell property A and use a 1031 exchange to pay down the mortgage of property B?

I would think you could since I technically do not own property B free and clear.

Loading replies...