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1031 Exchange and Coops

Started by martine78
almost 18 years ago
Posts: 25
Member since: Aug 2007
Discussion about
Does anyone have any experience with 1031 exchanges and co-ops? We are looking to have the parents do a tax exchange from another property into a co-op (purchased by the parents) where the adult child will reside and pay market rate rent to the parents. Do co-ops look favorably on 1031's? Does having an all cash deal help facilitate successful purchasing in the current mortgage market? Any insights would be welcomed. Best
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