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Updated almost 2 years ago,
1031 on existing properties.
Ok this is a weird idea I cooked up. Here’s what I want to do. I have a condo that has appreciated a ton that I bought in 2017, (like everyone) it’s a rental property. I was wondering if I could sell it and transfer that equity into a property I currently own as a primary home. I could start renting it out to cross my T’s if I had too. I read something the other day that indicated that this could be done. However I’m assuming it’s a little trickier, can anyone suggest where to start and where I could get help with the 1031 exchange.