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Updated about 6 years ago,

John Novu's profile image
John Novu's profile image
John Novu
  • from Glendora, California
  • Member since Aug 12, 2017
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17
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John Novu's profile image
John Novu's profile image
John Novu
  • from Glendora, California
  • Member since Aug 12, 2017
Connect
John Novu
  • Glendora, CA
3
Votes |
17
Posts
1031 Exchanges

1031 exchange into a primary residence

John Novu
  • Glendora, CA
Posted
I own a tri-plex in a lower rental area. Not get neighborhood and tenants. Question is can I sell that property in a 1031 exchange for a primary residence. I’d rather rent out my SFH I live in now. I would want to take the equity of the units and put it on the down for a new residence.
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