Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 6 months ago on . Most recent reply

User Stats

30
Posts
33
Votes
Nick Sansivero
  • Rental Property Investor
  • Glen Cove, NY
33
Votes |
30
Posts

Can I 1031 Exchange a rental for a primary with an ADU?

Nick Sansivero
  • Rental Property Investor
  • Glen Cove, NY
Posted

Hey, question for anyone familiar with 1031 exchanges. I have a rental property I've held since 2019 that I'm considering selling. Would I be able to do a 1031 if I'm buying a primary property with an ADU that I would use as a short term rental? I read somewhere I could 1031 the portion of the property that I'm renting (ADU), and pay capital gains tax as normal on the portion I'm living in? Is something like this possible? Let me know if you need more info. Thanks!

Most Popular Reply

User Stats

8,977
Posts
9,352
Votes
Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
9,352
Votes |
8,977
Posts
Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
Replied

@Nick Sansivero, Spot on by @Bill B..  You're talking about a mixed use property.  Your accountant will make the allocations.  But only the portion of the purchase allocated to investment (the adu) can be used to satisfy your 1031.  

  • Dave Foster
business profile image
The 1031 Investor
5.0 stars
92 Reviews

Loading replies...