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Updated over 8 years ago, 04/01/2016
1031 Exchange into Portfolio of SFHs - Limitations ?
Hi all experts ! @Bill Exeter @david foster
I am considering doing a 1031 Exchanging into 5 or more SFH's. What if I want to sell one and buy another in the future ( without taking cash ) ? Is that allowed ? Do I have to have another partial 1031 for each transaction.
If this is not allowed, then I may consider a single Commercial property instead.
Your thoughts ?
Thanks, Rich