1031 exchange information to new build construction loan needed.

[Joshua Loera]

Hello,

I just  currently sold a duplex I own and will be getting about $31,000 net from the sale. 

Could I 1031 that into building a triplex that I will live in? Any help would be appreciated. 

Thank you,

Joshua Loera

[Matt K.]

not if you already sold it, you need funds to go through a QI...