Can I sell a property in Boulder and 1031 it to a property in CA

5 Replies

@Tambi Harwood , the location and type of property don’t matter as long as the property is real estate held for investment and located in the US or a couple territories like the USVIs Guam or the Northern Mariana’s wherever they are!

So yes!

@Tambi Harwood as long as your property that you are selling is not your residence, you can 1031 the monies into any state as long as it is going back into a investment property.  I just did this for a guy where he sold a multi million dollar rental home in CA and we closed on on over $12 million in commercial retail assets in TX, IL and NV.