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Updated almost 9 years ago,
1031 Eligibility
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...