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Updated over 1 year ago on .
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1031 Scenario - is it possible?
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
Most Popular Reply

@Sri Voodi You've gotten very informative responses here. Having gone through a 1031 recently I highly recommend the guy who posted above me @Dave Foster as your qualified intermediary. He is a wealth of information and his people did a great job handling my exchange. Best of luck to you