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Updated about 6 years ago,

Asif Siddiqi's profile image
Asif Siddiqi's profile image
Asif Siddiqi
  • Member since Nov 7, 2017
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Asif Siddiqi's profile image
Asif Siddiqi's profile image
Asif Siddiqi
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Asif Siddiqi
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1031 Exchanges

Buying primary residence with 1031

Asif Siddiqi
Posted

I have a rental property with sufficient property gain about 1M, my wife like a bigger house, and I like a paid off, currently our primary house is not big enough, can I buy a house with 1031 property gain, leave vacant for couple months and then move in And then sell our current primary house to paid off kids school loan. 

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