My Airbnb is a 2nd home, can I do a 1031 exchange with it?

[Tommy Quach]

I bought a property in Seattle and closed in January. Furnished and listed and started renting it out on Airbnb in March of this year. I have been booked pretty much ever since. Then received a letter from the HOA stating that I could not do short term rentals. I was bamboozled by the listing agent after she stated several times that I could use this property as an AIRBNB and used it as a selling point. Now I am getting notices from my HOA and thinking about strategies.

I am thinking about selling this property and taking the equity and parlaying it into a 8+ unit multi family property. My question is can I do a 1031 exchange with this 2nd home? I have pretty much been using it as a rental ever since I got it minus the 2 months that it too me to furnish and list the place on Airbnb.

Any suggestions? Thank you in advnace.