Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 06/26/2019

User Stats

47
Posts
29
Votes
Mark Plesha
  • Realtor
  • Highland, IN
29
Votes |
47
Posts

1031 exchange from duplex to income producing personal residence

Mark Plesha
  • Realtor
  • Highland, IN
Posted

A family member recently passed away and they owned a home on 30 acres with a pole barn. My wife and I are interested in potentially buying the property and we currently own a duplex that we are thinking about selling. Is it possible to sell the duplex and 1031 it for the family property if we can prove that the pole barn was being rented out and producing income? We would be living in the property as our personal residence, so I’m guessing the answer is no, but I was just looking for a definitive answer. Any insight would be great, thanks!

Loading replies...