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Updated almost 9 years ago on .
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1031 exchage
can a investor sell 7 properties
And use a 1031 to invest in a single property, I.e. Apartment complex??
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Originally posted by @Jonathan J. Miller:
I believe in a 1031 exchange they have to be the same property type. Residential to commercial is not allowed.
Jonathan,
That is not correct. Investment real estate to investment real estate is allowed.
Mark