primary residence to rental, then 1031 to primary?

[Jesse Giacomelli]

Hi guys,

I'm fairly new to 1031 exchanges and had a question about 1031 exchanging from rental to primary residences. Here's the scenario:

I've owned a home in California for the past 3 years. I plan to rent it shortly for 3-4 years, and then do a 1031 exchange of the rental to a primary residence. Would this scenario qualify for 1031 treatment?

Thanks for your time!

Jesse

[Jon Holdman]

You cannot 1031 into a residence because a residence is not an investment. You can only 1031 the rental into another rental.