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1031 Exchanges

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76
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25
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Mike Chern
  • Investor
  • San Antonio, TX
25
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76
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1031 and reduce risk

Mike Chern
  • Investor
  • San Antonio, TX
Posted Sep 7 2019, 17:17

For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.

Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold off all 8, buying 4,is there any trick I can use to accomplish this?

Thanks in advance. 

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