FHA loan to 1031 exchange ?

[Allan Pilapil]

Good afternoon bigger pockets!

I currently have a SFR with an FHA loan.

What are the steps I need to make to turn make it eligible for a 1031 exchange?

Do I have to refinance? Get more equity? Solid credit score?

I tried finding answers on google but can’t find anything.

Anything helps thank you!!

[Wayne Brooks]

@Allan Pilapil 
If the house with the fha loan is your primary residence for at least 2 years (you can move out and rent it for up to 3 years) the gain is tax free (up to $250k, $500k married)irs section 121....no need to 1031.

You Can rent it out for at least a year, then 1031, but why....1031 simply defers the taxes, it doesn’t eliminate them. 

As @Bill Exeter mentioned, the type of loan makes no difference in either case v