What restraints do I face when identifying my replacement property in a 1031 Exchange?

Property held for productive use in a trade, business or for investment CAN be exchanged for like-kind property! But what qualifies? For real estate, like-kind property is widely defined as real property located in the United States and some of its territories. A single-family rental can be exchanged for a duplex, raw land for a shopping center, or an office building for apartments. Any combination will work!

It is important to understand the restraints you face when identifying your property, so tune in below with David Moore of Equity Advantage, or head to 1031exchange.com for more information!