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Updated almost 9 years ago,
1031 Exchange for a 2-family into a Gas Station?
Hi all,
First post here. I am planning to sell a residential duplex this year that has built up some equity, and am also in the early stages of purchasing a gas station. Is it possible to 1031 exchange the duplex into the purchase of the gas station, or are they not considered like kind transactions?
Thanks,
Dan