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Updated about 1 year ago on . Most recent reply

Matt Smith's profile image
Matt Smith's profile image
Matt Smith
  • from San Francisco, California
  • Member since Oct 12, 2014
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Matt Smith's profile image
Matt Smith's profile image
Matt Smith
  • from San Francisco, California
  • Member since Oct 12, 2014
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Matt Smith
  • San Francisco, CA
26
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161
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1031 Exchanges

OK to do 1031 exchange from an investment property?

Matt Smith
  • San Francisco, CA
Posted

I have a rental property where I didn't live in for the last 10 years. I am planning to sell it and to a 1031 exchange for a multi-unit commercial building (residential apartment for 10 units). Does it quality for the 1031 rules?

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Michele Shima's profile image
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Michele Shima
  • from Honolulu, Hawaii
  • Member since Aug 22, 2022
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Michele Shima's profile image
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Michele Shima
  • from Honolulu, Hawaii
  • Member since Aug 22, 2022
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Michele Shima
  • Honolulu, HI
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Michele Shima
  • Honolulu, HI
Replied

@Bill B. Ha! I was trying to do that on the first response, but I couldn't figure out everyone was doing it! 

You're a Wealth of Knowledge. Thanks again!

@Dave

@Dave Foster Appreciate the info!

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