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Updated about 7 years ago,
Can I do 1031 after subdivision?
My partner and I own a rental SFH in Seattle area. We are going to do subdivision and split the lot into 2. I can do 1031 exchange at this point right?
We are also entertaining the idea of tearing down the existing house, and building two houses on the split lots. If I tear down, build and sell, can I still do 1031 exchange when selling?