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Updated over 3 years ago on . Most recent reply presented by

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Andy Sabisch
  • Investor
  • Wilkes-Barre, PA
506
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598
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Two 1031 Exchange Questions

Andy Sabisch
  • Investor
  • Wilkes-Barre, PA
Posted
We are in the process of selling a property in Mississippi that we want to use a 1031 Exchange on with a property in Pennsylvania.  We had two questions that I wanted to pose . . . .

1) Is there an issue with doing a 1031 exchange with a property in one state with one in another state?

2) Can you recommend an entity that we can use for the funds?  The one our title company recommended seems to be impossible to get in touch with.

Thanks in advance

Andy

Most Popular Reply

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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
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4,321
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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
Replied

Yes, another state is ok. 

@Dave Foster can help you. 

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