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Ross Dolbec
  • Kirkland
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1031 Exchange an inherited property

Ross Dolbec
  • Kirkland
Posted

Is it possible to 1031 exchange an inherited property? My grandma recently passed and left me her home. What is the most tax advantageous strategy? (Washington state but the property is in California).

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Christopher Smith
  • Investor
  • brentwood, CA
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Christopher Smith
  • Investor
  • brentwood, CA
Replied

Just wondering why would you 1031 a property that presumably has little or no built in gain?

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