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Updated over 4 years ago on . Most recent reply
1031 exchange: investment property into your primary residence?
So I am about to cash out a large investment from the sale of an investment property and am facing 1031 exchange options.
I also recently sold my homestead and moved, now looking to purchase a new primary residence.
Is there an option to roll this RE investment $$ into the downpayment of my primary residence or is that not "in kind"?
Most Popular Reply
![Mark H. Porter's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1675753/1694578577-avatar-markh539.jpg?twic=v1/output=image/cover=128x128&v=2)
Pro’s will chime in but the way to do it is buy your new residence at the value you sold for, rent it for a few years (shows your intent to rent it), then move in.