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Updated almost 9 years ago,

User Stats

179
Posts
42
Votes
Kevin D.
  • Investor
  • Wilkes-Barre, PA
42
Votes |
179
Posts

1031 Eligibility

Kevin D.
  • Investor
  • Wilkes-Barre, PA
Posted
I bought a foreclosure SFH with the intention on BRRR'ing it. It's renovated now and I turned it over to my property manager 6 weeks ago, but he hasn't gotten it rented yet. I have since then found a 3 unit that I really like. Does anyone know if I can 1031 exchange the first SFH and roll it in to the multi? I was doing some reading about 1031's and it seems to be "like type properties". Both are investment properties that were/will be intended to be rentals...

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