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Updated almost 9 years ago, 01/18/2016
Tax Deferred Exchange Question
Hello,
Does a 1031 exchange allow me to sell a rental and roll the profit into a property that has two houses on it (one to be a rental)? Or does it allow profit to be rolled over into a property that has one house on it, and then a second manufactured home is added after sale (as a rental)?
I have searched the internet and cannot find any answer. I appreciate any responses. Thanks.