All Forum Posts by: Dale Balsis
Dale Balsis has started 1 posts and replied 2 times.
Post: 1031 Exchange in COVID-19 Market

Dale BalsisPosted
- Investor
- Honolulu, HI
- Posts 2
- Votes 1
@Isi Nau
Thanks for quick reply and breakdown!
Post: 1031 Exchange in COVID-19 Market

Dale BalsisPosted
- Investor
- Honolulu, HI
- Posts 2
- Votes 1
Hi. I’m currently in the process of a 1031 exchange. I started the exchange right at the beginning of the outbreak, February, and was able to close the sale last week. I should close on the replacement property 22 May.
Just wanted to hear others’ experiences on renting out a unit during a lockdown. Luckily my other property is occupied and they’ll be staying during this time. But it looks like a tough time to rent a vacant place right now . I’ve been browsing Craigslist and have been seeing the same properties listed and even some dropping the price and having “move in specials”. Thoughts and experiences?
The new unit is a 3/2/2 located in Nuuanu (Honolulu, HI).