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Updated almost 7 years ago on . Most recent reply

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Eda Tekeoglu
  • Investor
  • New Jersey
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10
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1031 Exchange - First time Real Estate Seller (NJ)

Eda Tekeoglu
  • Investor
  • New Jersey
Posted

I'm going to be selling my first investment property in New Jersey. I was thinking of doing 1031 exchange, but I wanted to learn what the cons are of doing a 1031 exchange besides the deadlines to identify and close on properties.  Is there any type of foreclosure / bank owned properties that I could not use to purchase with a 1031 exchange?

I appreciate all of your experienced feedback. 

Most Popular Reply

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9,129
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Dave Foster
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
9,459
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9,129
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Dave Foster
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
Replied

@Account Closed I'd be happy to.  I don't see an email address on your profile so we'll have to become colleagues in order for me to forward.  I'll reach out with a request in a sec.

  • Dave Foster
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The 1031 Investor
5.0 stars
103 Reviews

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