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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Mary Gold
  • los angeles, ca
2
Votes |
8
Posts

Should I 1031 for a multi-unit?

Mary Gold
  • los angeles, ca
Posted

I own a rental condo with over 50% equity right now. 

If I sell it and do a 1031: 

1-Would I be able to get a multi-unit (4 units) if I can get about 30% downpayment? 

2-Would I still be able to occupy one of the units, even though it's a 1031? 

3-What if I don't occupy a unit?

Thanks.

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