exhange: 1031 Exchange: Additional Notes (Part 6 of 6) - 12/31/08 07:27 AM
Additional Important Points: These are some FAQs and other important points to ponder considering a 1031 exchange.
Properties can be in different states Any of the 50 - not outside of U.S. Time limitations CAN NOT be extended.  (45 and 180) A partial 1031 is allowed. Trading down, desire to use some proceeds for personal use You CAN refinance the new property after the exchange!!  No waiting period. You can have a mortgage on the replacement property 1031 Exchanges are not always difficult - but they have guidelines that are VERY important. •Any investor can benefit from a 1031 - not … (3 comments)

Richard & Carol DeGrace, Mortgage Loan Officers NJ 609-209-3700 (1st Colonial Community Bank | Bank - New Jersey)

Richard & Carol DeGrace

Mortgage Loan Officers NJ 609-209-3700

Cherry Hill, NJ

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1st Colonial Community Bank | Bank - New Jersey

Address: 210 Lake Drive East, Suite 210, Woodland Falls Corporate Park, Cherry Hill, NJ, 08002

Mobile: 609-209-3700 Rich

Mobile: 609-209-3800 Carol

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