Apartment complex and 1031 exchange?

[Allan R.]

Are you able to use the capital gains tax break when selling a triplex and using the money to purchase an apartment complex with 20 plus units?

[Alina Trigub]

@Allan R.

As long as the transaction qualifies as a like kind exchange you can 1031 your property. 

Here's a helpful article for you from IRS site: https://www.irs.gov/businesses/small-businesses-se...

There're actually experts that specialize in 1031 exchanges. @Dave Foster is your guy.