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 5 years ago,
SFH qualify for 1031 Exchange?
I recently closed on a single-family home that I planned to renovate and rent out. But now I'm considering selling it and rolling into a larger rental property through a 1031 exchange. I want to make sure this qualifies as "like-kind". So where does the IRS draw the line on considering something a rental property?
Considering the fact that my original intent was to buy and hold... When does the IRS view this as a fix & flip and disqualify it?
Thanks for any feedback!