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Updated almost 2 years ago,

User Stats

16
Posts
12
Votes
Judy Walsh
12
Votes |
16
Posts

Can I 1031 proceeds from a SF to commercial multi unit apt?

Judy Walsh
Posted

I own a single family rental in RI, which cash flows and is rented to local college students Sept-May and I rent out via Airbnb weekly in the summer.  

Equity - approx $250K conservatively.  

I am likely inclined to keep it and find/generate funds for down payment on apt as next goal, and I am starting to educate myself in this area, but I was curious about whether 1031 is an option.  Thanks in advance for any insights!

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