1031 exchange owner financing

[Anonymous]

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

Terms 5 years balloon payment.

[Critter-3]

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]

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@Anonymous wrote:

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

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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.