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Updated about 1 year ago on . Most recent reply

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Lou Dessaint
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1031 Exchanges

1031 Multiple Properties

Lou Dessaint
Posted

Hi All,

A friend is considering a 1031 exchange. Currently, he lives in NC and plans to move to NY. He has a rental property and a primary residence in the state of NC. Is it possible to sell both properties and 1031 into a duplex where he will live in one half and rent out the other? 

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