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Updated about 3 years ago,
1031 exchange to do an addition on primary residence
Here is my situation. I own an investment property that I am selling and wish to do a 1031 exchange. Is it possible to use the gains from the sale toward an addition on my primary residence. For example to build a unit above a garage. I am finding some mixed answers on the question, so some clarity from someone with some 1031 experience would be most appreciated.