Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
Meetings
Level 3

1031 exchange owner financing

Can a 1031 exchange be done with selling a rental property with owner financing?

Terms 5 years balloon payment.

2 Replies
Critter-3
Level 15

1031 exchange owner financing

If it is structured correctly  so seek local council way before trying this situation ... I found this reference but it is not an endorsement of their services ... you can do your own google search :  https://www.1031exchange.com/opportunity-seller-financing/

tagteam
Level 15

1031 exchange owner financing


@Meetings wrote:

Can a 1031 exchange be done with selling a rental property with owner financing?


Yes, but the note has to be made payable to the qualified intermediary (QI) and the QI has to collect all of the payments.

 

Obviously, there will be a charge (probably substantial) for this service.

Dynamic AdsDynamic Ads
Privacy Settings
v