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Updated almost 4 years ago,
1031 Exchange into a different classification?
Hey BP geniuses! This is likely a simple answer, but I just don't know it yet. I'm wondering if the 1031 exchange gods and/or goddesses of the universe allow us to sell a SFH (with a garage apartment, but zoned R1) and 1031 our profits into a multifamily (either less than 4 units, or greater than 4 units). Please enlighten me!