Do you need to buy a 1031 exchange property that is at least the sale price?
Smart Selling Strategies: Know Your Options & Avoid Costly Tax Mistakes
I heard you need to buy a 1031 exchange property that is at least the sale price of the investment property sold. Can you confirm?
Question ID: 6604967 Status:
Open Nov 13, 2025 - 01:07 AM
1answer
Answer
Nov 13, 2025 - 01:09 AM
Yes. So from a value standpoint and a reinvestment standpoint, if the goal is to have full tax deferral, then there's two requirements that need to be met. First is the sum total, the aggregate value of replacement property needs to be equal or greater value to that which was sold.
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