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Updated almost 7 years ago on . Most recent reply

Note investing and 1031 Exchange?
Hello, I'm kind of new to BP forums. I own a few mortgage notes (bought of FCI), and was wondering if I can use 1031 exchange to defer taxes into another note purchase, same way one would do it with a property.
Thanks,
Ariel
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
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- West Palm Beach, FL
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Nope, 1031 applies to actual real estate.