Welcome to Day 28 of the 31 Days of 10-31!
Day Twenty Eight – Can You Flip Houses Using the 1031?
Many investors who purchase and sell real estate want to know whether they are crossing the line from being an investor to becoming a dealer, and one of the most significant “gray areas” of Section 1031 is dealer status. A dealer is permitted to own properties that are kept for the purpose of resale, but they also have the same rights as other investors.
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Whether working through a 1031 Exchange with Equity Advantage, acquiring real estate with an IRA through IRA Advantage or listing investment property through our Post 1031 property listing site, we are here to help Investors get where they want to be. Call them today! 503-635-1031.
