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All Forum Posts by: Michael C berry jr

Michael C berry jr has started 1 posts and replied 1 times.

Post: Can I 1031 my raw land and build a duplex to sell?

Michael C berry jrPosted
  • New to Real Estate
  • Oldsmar, Fl
  • Posts 1
  • Votes 0

My raw land is closing in the next 3-6 months in Florida. I have a potential partner with 2 vacant lots in Colorado outside of Steamboat Springs. We want to roll my 1031 money into building a duplex or SFH on each of his lots to sell. Is this possible or do we have to own and rent them out?