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Updated almost 6 years ago,
1031 exchange old owner occupied home
I have a question about a future 1031 exchange my fellow BP’s.
Currently live in a owner occupied 5% down conventional loan home. I’ve own the home for a year to date.
I want to buy a new home to do a live-in flip and repeat.
Can I turn my current home into a rental and then sale for a 1031 exchange?