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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two […]
Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic
The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities. Four years later, the […]
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1031 Exchanges
HomeForums1031 Exchanges1031 with money owed
David Wong's profile image
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David Wong
  • Member since Jan 14, 2019
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David Wong's profile image
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David Wong
  • Member since Jan 14, 2019
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David Wong
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1031 Exchanges

1031 with money owed

David Wong
Posted Jan 14 2019, 20:00

I would like to sell my rental property and do a 1031. When I purchased the rental property I borrowed money from family. Is there any way to pay back the money borrowed?

Thanks

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