Faith-Based Financial Guidance with Craig Johnston, MBA • Independent • Fee-Only
Faith-Based Financial Guidance with Craig Johnston, MBA • Independent • Fee-Only
A common strategy to identify replacement properties is the “3 Property Rule,” where an exchanger may identify up to three properties, without regard to their fair market value, within 45 days. Identifying only one property may be dangerous because a property can fall out of escrow for many reasons: Financing, Inspections, etc. To secure an effective 1031 exchange…
