1031 Exchange a Rental Sale Profit into 4-5 long distance turnkey properties
Hi, BP!
Just joined up after being a long-time reader because I finally need to ask: when doing a 1031 exchange, is it realistic to identify and secure 4-5 properties in the 45-day identification period (and abiding by all the other 1031 rules)? I'm thinking of doing this through Memphis Invest properties with Chris Clothier. The numbers indicate I can get better net cash flow and rate of return in that part of the country than in Seattle.