1031 Exchange

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Original Message:

Re: 1031 Exchange (by Den):

Curious and interested - Why would one want to involve a timeshare property under a 1031 exchange?

On the exchange side - Usually, timeshare properties diminish in value so it would not be to defer a gain on the sale of a timeshare.

I guess one could want to defer a gain on a non-timeshare property sale by exchanging (sinking it) into a timeshare. This makes no sense as timeshares values only go down from the purchase. Most of us would just like to recover our original investment in the timeshare. As aggressive as they are, I've never heard a sales person say a party could recover the initial timeshare investment.

Please share your thoughts.