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Updated over 6 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Sandy G.
  • Rental Property Investor
3
Votes |
8
Posts

Is 1031 Exchange possible - Selling SF, Buying MF Commercial

Sandy G.
  • Rental Property Investor
Posted

Hi All - apologies if this question has been answerd in past, but trying to understand if selling a single family home (both side attached townhouse) and buying a commerical multifamily unit (more than 5 unit) - you can use 1031 exchange and not pay any tax on your capital gain of sold single family (townhouse)? 

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