Updated almost 4 years ago on .
Most recent reply
presented by
Exchange into a duplex?
I am trying to help a client plan for an exchange while I am on vacation so not much time for research. Hoping to get some help here. Client has a single family rental property and would like to exchange into a duplex. He would like to move into 1/2 of this duplex and rent the other 1/2 out. Is there a way to structure this exchange where he would use the proceeds from the property exchanged for 1/2 of the purchase price and use personal funds for the remaining 1/2? He has not yet identified a duplex ..just in brainstorming stage. Is there a way to structure this transaction to not invalidate the exchange? TIA
Most Popular Reply
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,510
- Votes |
- 23,418
- Posts
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Yes. @Dave Foster is a QI, they will need one, he can explain.