Can you 1031 properties in different states?

Question

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

Thanks in advance for your replies!

William

Dave Foster · Answer

@Bill Brandt as an add on service for no charge I attend all USVI closings personally! Just good customer service!!

Bill B. · Answer

Thanks for the add on Dave. I did not know about the non-us for non-us exchange. Learn something every day.

Dave Foster · Answer

@William Martin You can 1031 any US investment property for ay other US investment property including certain US territories like @Bill B. said Guam. USVI, Marianas islands but sadly not Puerto Rico.

As a us taxpayer you can ask exchange non US property for non US property.

Bill B. · Answer

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.

William Martin · Answer

Thank you!

Can you 1031 properties in different states?

Can you 1031 properties in different states?

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