Skip to content
Buying & Selling Real Estate

User Stats

129
Posts
28
Votes
Kate B.
  • Investor
  • Albany, NY
28
Votes |
129
Posts

How does a 1031 Exchange work ?

Kate B.
  • Investor
  • Albany, NY
Posted Sep 24 2018, 06:56

I'm considering strategies for selling a property in Worcester, MA which has increased in value since I bought it at an estate sale four years ago with cash.

A suggestion from Brian J. Allen was to look at a 1031 exchange while evaluating the advantages/disadvantages of doing a lease option to buy with a potential buyer.  

I've heard of it but don't know much about 1031.  I'd appreciate any views and suggestions.  Thanks!

Loading replies...