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Updated about 3 years ago,

Heidi M.'s profile image
Heidi M.'s profile image
Heidi M.
  • Rental Property Investor
  • from Reno, Nevada
  • Member since May 29, 2013
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User Stats

77
Posts
31
Votes
Heidi M.'s profile image
Heidi M.'s profile image
Heidi M.
  • Rental Property Investor
  • from Reno, Nevada
  • Member since May 29, 2013
Connect
Heidi M.
  • Rental Property Investor
  • Reno, NV
31
Votes |
77
Posts
Tax, SDIRAs & Cost Segregation

1031 exchange - rules question

Heidi M.
  • Rental Property Investor
  • Reno, NV
Posted

I have a vacation home at Lake Tahoe that I do not utilize often. I would like to sell and purchase another unit in the same area and was hoping I could do a 1031 exchange. Current property I do not rent due to the HOA not allowing STR. Was not that way when we purchased. My question is if I put a long term tenant in there how long would I have to rent the current property in order to do a 1031 exchange?

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