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Updated over 2 years ago,
can i use 1031 exchange funds to purchase a tiny home?
I can't get a good answer from my 1031 exchange company and I need to act quick on an opportunity. I'm reading that because it's on wheels, it's considered an RV and not real estate. Assuming the answer is no since you need to exchange like for like. Closing on a 4plex that was rental property. If it's not on wheels does that change things?
Thanks! I'm so intrigued and really want to do this!