1031 exchange more than one propperty

[Nick Causa]

My wife and I have two properties, one an airbnb and another a 2 family house hack that we live in. Can we sell both of these and 1031 exchange them into something bigger? Like an apartmet building? My accountant mentioned not being able to use the investment properties sale and move into it as a primary residence.

[Dave Foster]

@Nick Causa, it's perfectly fine.  You can go from one property to more than one.  And you can sell several properties and combine the exchanges into one replacement.

The key is that the new purchase must meet or exceed the aggregate of all the sales you want to go into it.  If you want to defer all tax.  And the new property must meet the timelines of each of the properties you want to exchange.  I'll reach out via pm with a couple videos that will help.