1031 exchange for multiple properties?

[Colin Sullivan]

Hey all!

Will be relocating from Portland, OR to Atlanta in the next 1-2 months. Our house in Portland is on the market, and we need to sell it in order to afford the down payment for an Atlanta purchase.

The question: can you 1031 one property for two? The cost to purchase is cheaper in Atlanta, and ideally we’d like to purchase a primary residence and an investment property through the 1031.

Any thoughts are appreciated!