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1031 Exchanges
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Updated almost 9 years ago,

User Stats

199
Posts
97
Votes
Daniel Hanson
  • Investor
  • Waukesha, WI
97
Votes |
199
Posts

1031 Exchange for a 2-family into a Gas Station?

Daniel Hanson
  • Investor
  • Waukesha, WI
Posted

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

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