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Updated over 1 year ago,

Sri Voodi's profile image
Sri Voodi's profile image
Sri Voodi
  • Investor
  • from Woodland Hills
  • Member since Dec 1, 2016
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User Stats

82
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33
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Sri Voodi's profile image
Sri Voodi's profile image
Sri Voodi
  • Investor
  • from Woodland Hills
  • Member since Dec 1, 2016
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Sri Voodi
  • Investor
  • Woodland Hills
33
Votes |
82
Posts
1031 Exchanges

1031 Scenario - is it possible?

Sri Voodi
  • Investor
  • Woodland Hills
Posted

All gurus, 

I have a Single Family Home (SFH) property that I want sell and do a 1031 exchange.

Scenario 1 - Sell the property and buy 2 SFH's out of state. Does it qualify as LIKE-KIND property?

Scenario 2 -Sell the property and buy a Multi unit? Does it qualify as LIKE-KIND property?

Thanks

Los Angeles County, California
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