Like-Kind Property: What Qualifies and What Doesn’t
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Jan 31, 2020
1031gateway.com
Why would a listing saying “cash or 1031 exchange only”? This often is based on the condition of a property or the status of the foundation. A permanent foundation is a big deal and even homes on a permanent foundation that have been moved from their original foundation also pose issues when it comes to lending. As far as tiny homes they are typically on wheels and have an axle and are not considered “real property” and therefore traditional home loans will not be a means for financing them. #re
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Why would a listing saying “cash or 1031 exchange only”? This often i…
249 views1 month ago
FacebookHaley Jones, EXP Realty
What exactly is a like-kind exchange? It's simpler than you think. As long as it's not your primary residence, you can exchange almost any real property—from land to office buildings—for another and get tax benefits. Time to diversify your portfolio? #LikeKindExchange #1031Exchange #RealEstate #Investment #TaxBenefits | Matt Paul Licensed Associate Real Estate Broker
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What exactly is a like-kind exchange? It's simpler than you th…
166 views1 month ago
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