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Updated over 3 years ago,
1031 into primary home
i have a 5 unit investment property. I need to live in a good school district and need to move, however I do not want to sell my primary home. hence looking for option how can I move. questions:
#1 can i 1031 exchange 5 unit into a single family residence ?
#2 is it possible that I rent exchange SFR from my LLC either on my or my wife's name and live there as a tenant for few years before making it my primary residence. - not sure if this is an option
#3 is there any other way i can 1031 into SFR for primary residence use.