Can you 1031 properties in different states?
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!
William
Most Popular Reply
Bill B.
#3 1031 Exchanges Contributor
#3 1031 Exchanges Contributor
- Investor
- Las Vegas, NV
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.