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Updated over 5 years ago on . Most recent reply

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Nina Phillips
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7
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1031 exchange for one unit in a 2 family house.

Nina Phillips
Posted

Upon selling my valuable 2 family house in which I hold the deed , do I  qualify for a 1031 exchange on my rental unit (which was originally occupied by us but has been rented out for the last 5 years) as well as qualified to use  the $500K exemption from capitol gains tax on my residential unit? 

Thank you for any and all responses...... 

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