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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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1031 Exchanges
HomeForums1031 ExchangesEscrow closed. Too late for 1031? make it up?
Donovan L.'s profile image
Donovan L.'s profile image
Donovan L.
  • from Las Vegas, Nevada
  • Member since Mar 20, 2018
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Donovan L.'s profile image
Donovan L.'s profile image
Donovan L.
  • from Las Vegas, Nevada
  • Member since Mar 20, 2018
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Donovan L.
  • Las Vegas, NV
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1031 Exchanges

Escrow closed. Too late for 1031? make it up?

Donovan L.
  • Las Vegas, NV
Posted Mar 20 2018, 17:55

I sold one rental condo on Dec 27, 2017 and sold another rental condo on Jan 30, 2018. With the cash, we bought an SFH for rental on March 5th 2018. I was assuming by mistake that we can do the 1031 exchange work after all these happen. When I stop by my tax guy today, they told me there is no way to make it up. Any CPA or Lawyer could save this or make it up?

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