1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
1031 Expert needed for Indiana/Kentucky
So my wife and I own a rental property in Indianapolis, IN that we are going to sell. We want to take the proceeds of sale and put toward a rental in our new state which we would be doing via the 1031 exchange. I know that you have to buy a like property for the 1031 exchange. Can we buy a multi unit property and live in one unit and the 1031 still work? Would this qualify? The rental in Indianapolis is not a multi unit. Thank you for any guidance.