I’ve read some great information in the forums on 1031 exchanges, but have not found an answer to a question that I have. As I begin thinking of investing in real estate in other states, I’m wondering if I can make 1031 exchanges to sell properties in one state and buy property in another. I would think that is acceptable but thought I’d ask those of you who already know.
Thanks in advance for your replies!
Yes. Any US state and a couple other areas. (Guam and Puerto Rico maybe? The USVI?) not sure about the other areas but any state to or from is fine.
Thanks for the add on Dave. I did not know about the non-us for non-us exchange. Learn something every day.
Updated over 2 years ago
Ps. Makes me want to swap in to USVI property but it looks like 2 years later stuff is still damaged.
@Bill Brandt as an add on service for no charge I attend all USVI closings personally! Just good customer service!!