Three FAQs Concerning 1031 Exchanges – Q&A With Steven A. Cornelison
Q: Do I have to reinvest more than my equity (sales price less mortgage) when I sell an investment real property to use Section 1031 to defer all of my gain on the sale? A: Yes. We often get calls from potential 1031 clients who have been told, or believe, that if they just reinvest…
