Using 1031 from a townhouse to a 5-unit multi family building?

[Jasper Fai]

Hi there,

I have a townhouse that the lease is up by the coming June. I am thinking to sell it and buy (as the down payment) a 5 to 10 unit multifamily building. Can I use 1031 for this 'transition'? Maybe they are not the 'like kind"?

Also I know there are significant differences in the lending practices for a sub-5 or over-5 unit multifamily investing but I dont know enough to judge which way is best for my retirement goals. Thank you in adv for any advise.

Jasper