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Investment property via 1031 exchange?


I own a duplex and live in one of the units, the property is 3 months old thus I have very little equity but I am interested in growing my portfolio... is there any way for me to aquire more properties {eg 1031 X } or is this a Unicorn...

You MUST speak with a real estate professional OR a real estate attorney familiar with 1031 exchanges.

Believe me, you do not want to speak with or take any advice or suggestions from any one who is not familiar with the way this transaction is done.

The 1031 has not like the "unicorn".

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

1-18-08 Hi JAFO!

Thank you very, very much. I鈥檓 honored my answer was chosen THE BEST!

When I received the notice, it REALLY helped make my day MUCH better!

Again, Thank You Very Much!

Very Truly Yours,
Ron Berue Report It

Talk to a CPA about your options.

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