Updated almost 8 years ago on .
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Could I make a 1031 exchange and use as downpayment?
Hi everyone,
I have one rental property and I want to find a way to finance a multi-unit building, and I would like to know if could I somehow make a 1031 exchange and use as a partial or a down payment. Thank you.
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You can 1031 as long as the new property is of higher value than your current property.