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 almost 6 years ago,
Primary residence+AirBnB - Can sale proceeds be used for 1031?
Hi everyone,
My question is if I about using sale proceeds for a 1031 exchange, from the sale of a primary residence that is also being used for AirBnB ?
The situation is as follows:
I moved into my primary residence in June 2018
Have also used it as AirBnB STR since October 2018
STR days in 2018 were 37 (income reported on 2018 Form 1040 as "Personal Property Rental Income")
STR days in 2019 to date are 69
If I sell the house this year, can I use any of the money from the sale for a 1031 exchange?
Thanks in advance.