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Updated about 5 years ago,

User Stats

16
Posts
2
Votes
Sebastian Madariaga
  • Lewes, DE
2
Votes |
16
Posts

1031 exchange requirement

Sebastian Madariaga
  • Lewes, DE
Posted

Hello BP community!!

I’ve been reading into the 1031 exchange and was curious about a requirement someone was trying to explain to me.

I was told if you complete a 1031 exchange you must rent out the property for xx amount of years, then live it in as a primary residence for xx of years ?

After reading up on it, I can’t seem to find this requirement anywhere. Was wondering if anyone has completed one or have heard this being a thing ?

Look forward to the responses, Thanks in advance!

Sebastian Madariaga

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