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1031 Exchanges

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Maria Bocanegra
  • Real Estate Investor
  • Chicago, IL
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77
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FHA loan limit and reverse 1031

Maria Bocanegra
  • Real Estate Investor
  • Chicago, IL
Posted Feb 6 2017, 09:20
Would a reverse 1031 exchange be a legal work around the 1 FHA loan limit rule, since it seems as though the to be relinquished property is "parked" into an LLC? I have a FHA on the to be relinquished then moved out of state. Looking to purchase replacement with an FHA. Thx! M

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