[embedyt]https://youtu.be/486y7h0PMUc[/embedyt]
David Moore of Equity Advantage, nationally recognized leader in 1031 Exchange facilitation, answers whether a reverse exchange let you start a 1031 exchanges before selling a property. In short, you definitely can, but one needs to look at timeframes and whether or not it is the best decision.
We’re doing a lot of them in today’s market. I would probably discourage people from looking at a reverse as the first option. Use it as a fall back. And what I mean by that is go ahead, make the offer, ask for whatever time you feel you can. If you can get it done as a delayed exchange, great. If it has to be a reverse, we can always use that as a fall back. – David Moore, Equity Advantage
To learn more, visit Equity Advantage at 1031exchange.com, or visit David Moore’s YouTube channel, Equity Advantage 1031 Exchange.
If you’re thinking of selling your property, work with a broker who understands 1031 exchanges. Call René Nelson at 541-912-6583.
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