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Updated about 6 hours ago,
1031 fourplex into a single family
Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements? I'm looking at rolling over ~350k into the replacement property.
Projected sale: 950-990k
Replacement property budget: 990k - 1.1M
Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental