Can you swap to another 721 without a tax consequence?
How 1031 Exchange Investors Can Use the 721 Exchange as a Powerful Real Estate Investment Strategy
Can you swap to another 721 without a tax consequence?
Question ID: 6604627 Status:
Open Jun 06, 2024 - 03:54 PM
1answer
Answer
Mar 28, 2024 - 04:56 PM
Technically possible if another REIT or fund buys the existing one and allows the option, but it's unlikely. 721 vehicles are typically perpetual life investments, and the plan is to continue to own and operate into perpetuity.
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