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1031 Exchanges

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Sarah McCarty
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1031 exchange to buy a co-investor out?

Sarah McCarty
Posted Nov 15 2018, 02:58

I am selling an investment property with again of approx. 150K.

Can I use the gain to buy a co-investor out of another investment property? 

Both properties are similar in value and have similar mortgages.

Thank you! 

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