Seller financing and 1031
Hey guys, i was hoping to get some answers in this particular situation.
We got this property under contract with seller financing almost 2 years ago. Placed renter in there. Right now going through refinancing mortgage on my partner`s name(as investment property). Planning to do updates on property and sell it in the end of this year. Is 1031 is a possibility in this case, we would like to buy a fourplex next.
Thank you.