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Updated about 4 years ago,
Can 1031 into a lot?
Is it possible to sell a rental and 1031 into a lot that you intend to build a duplex or four plex on? The new property has to cost more than the sale, and it will would when built, but it won’t as an unimproved lot. Can the cost of the lot and an appraisal-based construction loan qualify as the subject property?