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1031 Exchanges
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Updated over 2 years ago,

User Stats

447
Posts
63
Votes
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Converting 1031 exchange to primary possible?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello,

I am considering doing a 1031 exchange on an investment property that I have and would like to know if there is a possibility to convert it into a primary at a later time? What would be the tax consequences. Appreciate your inputs.

Thanks

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