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1031 Exchanges

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59
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Greg D.
  • Investor
  • Tewksbury, MA
17
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59
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Do I have an exchange opportunity?

Greg D.
  • Investor
  • Tewksbury, MA
Posted Dec 2 2016, 06:07

Sell: $500k

Buy: $400k + $150k renovation

Is there anyway I can make an exchange work with this scenario where I'd be buying in at a lower cost than my like-kind sale but the purchase would have a higher total cost basis after renovation?

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