First, the true assets being bought should be both held for financial commitment or for use during the taxpayer's trade or small business. Next, it should be exchanged for other 'like-type' property. Regardless of what decision a real-estate investor can make, the 1031 exchange policies still apply within their entirety. https://andrehpopq.prublogger.com/34862132/how-1031-loan-can-save-you-time-stress-and-money