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1031 Exchanges

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Johnny Situ
  • Rental Property Investor
  • Fort Mill, SC
132
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161
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Selling 2 properties and do a 1031 exchange

Johnny Situ
  • Rental Property Investor
  • Fort Mill, SC
Posted Apr 16 2018, 18:26

Hi BP folks, I am selling 2 properties and planning to do a 1031 so that I could defer taxes on profit gain. I know the replacement property has to be more expensive than the one I plan to sell. My question is:  

Can I use the proceed from selling 2 properties and only do one 1031 exchange so that I could roll in all the money and buy one property?

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