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Rob Shinn's profile image
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Rob Shinn
  • Professional
  • from Punta Gorda, Florida
  • Member since Sep 1, 2015
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Rob Shinn's profile image
Rob Shinn's profile image
Rob Shinn
  • Professional
  • from Punta Gorda, Florida
  • Member since Sep 1, 2015
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Rob Shinn
  • Professional
  • Punta Gorda, FL
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1031 Exchanges

1031 Exchange

Rob Shinn
  • Professional
  • Punta Gorda, FL
Posted Dec 22 2015, 18:12

I have a question regarding a 1031 exchange.   I just purchased my first flip and should make a nice return on it.  My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds from the flip to pay down existing buy and hold properties I already own?

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