1031 Exchanges
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Updated almost 7 years ago,
First time 1031 exhange!
If I'm looking to buy and hold a property as a rental for a few months with my wife and then choose to do a 1031 exchange for either another property or multiple, is this a good plan?
Also we own a house currently and live in it. If we plan on buying another house just to rent it out, will a bank even approve us on one income?