Seller Financing and 1031 Exchange

General Real Estate Investing
1

I saw a post over 120 days old and I don’t undersand it, so I am asking the question again.

I have a property the owner is willing to carry back financing on.

Is she, the seller, still under the same 45 day requirement fo a 1031 exchange? Can she wait until we do refinancing in a year after I rehab the property to do a 1031 exhange?

Thank you,

Tonya

2

the time clock for identifying replacement properties for a 1031 exchange starts when the title is transferred

3

Thank you for the quick response. I am meeting with the seller in the morning.

4

Depending upon the structure of the deal, the amount of financing the seller carries back will be taxable even though the seller may be structuring a 1031 exchange.

Why are you worried about the seller’s tax consequences? Structure a deal that makes sense to you instead of worrying about how the seller will be taxed on the deal.

Nothing you asked about a 1031 exchange is correct. You will have to give us a direct link to the old post so we have a better context for your question.