Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does buying and selling UDIs qualify for treatment as a 1031 like-kind exchange?

April 26, 2017buying exchange like-kind qualify Selling treatment

0

Posted

Does buying and selling UDIs qualify for treatment as a 1031 like-kind exchange?

1 Answer

0

Posted

We have been advised by our attorneys and accountants that the purchase of UDIs can satisfy the requirements for a 1031 exchange, however, every scenario is different and your particular situation may or may not qualify. This is really a question for your CPA or tax attorney – please seek professional advice to determine if your particular investment will qualify.