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1031 Exchanges

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Dennis Nikolaev
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84
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Liquidating a San Diego condo Portfolio

Dennis Nikolaev
Posted Apr 16 2021, 03:31

I got a mind-bending challenge.

I want to liquidate my 6 rental condos and move the funds into one larger property.
The condos are all over San Diego and the leases are all over the different months.
I can't imagine a reasonable plan that may fit into the 1031 exchange.

Unless I can sell the whole portfolio all at once with tenants in place. However, I never hear people do it.

I desperately need advice, how to accomplish it without losing much market value.

Dennis

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