Can a Residential Property be part Investment(1031) & part Residential ? If so.....

[Steve Hungerford]

Hello,

Here is the scenario. An investment property (residential-rental) that would be 1031 into a bigger more expensive residential property. Part of the property would be used as a primary residence and part as an investment. Cash above what would be 1031 over would be for the primary residential portion. Likely a property with an ADU that could be rented out. Or developing an ADU/Guest House on the property to rent out.