Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply presented by

User Stats

10
Posts
5
Votes
Al Skerrett
5
Votes |
10
Posts

1031 Is it possible to do an exchange with 2 deferred & 1 reverse

Al Skerrett
Posted

2 part question - 

Is it possible to do a 1031 exchange selling 3 properties with 2 deferred & 1 reverse when purchasing a single property? With the time constraints (45 days to identify) I may not have time to sell all 3 prior to the purchase.

I've noticed a large difference in 1031 exchange companies when it comes to the fee ($200-$750) for additional relinquished properties as part of an exchange, I've been focused on just making sure the company has a dual signatory account and would love some input as to why there would be such a large difference in price...

I've been reading topics here for months but haven't seen my specific question so any advice would be appreciated...

Al

Most Popular Reply

User Stats

2,236
Posts
1,191
Votes
Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,191
Votes |
2,236
Posts
Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied
Originally posted by @Al Skerrett:

Thats great information! @Dave Foster Thank you... I've given it more thought and will more than likely complete my sales before making my purchase but it's good to know that option is available... I am a little unsure about having to do 3 separate exchanges though when purchasing a single property. I will look for posts regarding this to boost my knowledge. Thanks again for the info...

 I recommend taking an as simple as possible approach to it or you will either mess it up or stress too much. Find the easiest way possible for you to get it figured out with your benefits you need. 1031 exchanges are common but make sure you have a great QI like Dave and they can steer you through it. It is worth the money. 

Loading replies...