exhange: 1031 Exchange: Additional Notes (Part 6 of 6) - 12/31/08 03:27 PM
Additional Important Points: These are some FAQs and other important points to ponder considering a 1031 exchange.
Properties can be in different states Any of the 50 - not outside of U.S. Time limitations CAN NOT be extended.  (45 and 180) A partial 1031 is allowed. Trading down, desire to use some proceeds for personal use You CAN refinance the new property after the exchange!!  No waiting period. You can have a mortgage on the replacement property 1031 Exchanges are not always difficult - but they have guidelines that are VERY important. •Any investor can benefit from a 1031 - not … (3 comments)

 
Steve Kappre, NMLS# 217008  Mortgage Loan Officer NJ 856-419-3561 (Treasury Mortgage | Mortgage Company - New Jersey)

Steve Kappre

NMLS# 217008 Mortgage Loan Officer NJ 856-419-3561

Mantua, NJ

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Treasury Mortgage | Mortgage Company - New Jersey

Address: 550 Bridgeton Pike, Suite 2, Mantua, NJ, 08051

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