New to the 1031 world
Hello all thanks in advance for the assistance!
So I am putting my rentals on the market at the end of the month that I purchased for 230. The list price will be around 410. I have put in about 15 thousand in upgrades over the years(have all the paper work to prove). If I do a 1031 can I pull that 15 thousand out or is every dollar over the original purchase price considered profit and have to go towards the next property?