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1031 Exchanges

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Rick T.
  • Investor
  • Columbia, SC
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36
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Pay Down Mortgage of Replacement Property In 1031

Rick T.
  • Investor
  • Columbia, SC
Posted Apr 13 2018, 11:20

I'm in the middle of a 1031 Exchange.  I purchased one replacement property and have cash left over with the 1031 intermediary.   I paid for it with a new mortgage and cash.  

With remaining cash with my 1031 intermediary, may I pay down further the replacement property I purchased?  

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