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Updated 2 days ago, 12/23/2024

User Stats

11
Posts
3
Votes
Kezia Edmonson
3
Votes |
11
Posts

SFH investment 1031 into MFH investment/primary?

Kezia Edmonson
Posted

Old unit: Have a single family home which is, and always has been an investment property. Planning to sell; approx 350k net. 

New unit: 4-unit multi family in which 3 units (with existing tenants that will carry over from seller) will remain investment; I will move into (currently empty) 4th unit AND USE as primary residence with primary mortgage. Approx 800k 

Can I 1031 old unit into the new units?

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