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Updated about 3 years ago on . Most recent reply presented by

Chris T.'s profile image
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Chris T.
  • from Roanoke, VA
  • Member since Nov 9, 2021
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Chris T.
  • from Roanoke, VA
  • Member since Nov 9, 2021
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Chris T.
  • Roanoke, VA
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1031 Exchanges

1031 Exchange: Veterinary clinic exchange for single family STR

Chris T.
  • Roanoke, VA
Posted

My wife is selling her veterinary practice (both the real estate and the practice). Is it acceptable under IRS rules to do a 1031 exchange into a single family short term rental property? I’d love to avoid capital gains if we can.


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