Exchange question

Mar 02, 2017 1 Replies

Re: 1031 exchange



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Can I sell a residential rental property and exchange/ invest in Real Estate notes (First Trust Deeds etc.) or any similar investment(s) where I do not have to hold physical property(ies) and do not have to be a landlord again?



Any ideas, please?



Thank you very much in advance.


Does physical real estate seem to be "like kind" to promissory notes secured by real property? I sincerely doubt it.

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