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All Forum Posts by: Katharine Sherback

Katharine Sherback has started 1 posts and replied 3 times.

Buying & Selling Real Estate

Post: 1031 exchange rental to small livestock farm

Katharine SherbackPosted
  • Posts 3
  • Votes 1

Thank you for response 😜

What about bed and breakfast or legit Airbnb where you live on property …. Your personal home is still used as part of business / office area ?   Etc 

1 Vote
Buying & Selling Real Estate

Post: 1031 exchange rental to small livestock farm

Katharine SherbackPosted
  • Posts 3
  • Votes 1

Thank you for racking your brain 😜

0 Votes
Buying & Selling Real Estate

Post: 1031 exchange rental to small livestock farm

Katharine SherbackPosted
  • Posts 3
  • Votes 1

Okay, so what my husband and I want to do with our rental property when it sells is buy a small livestock hobby farm consisting of chickens/goats and a dog kenneling, and or a small organic vineyard.   This means we have to reside obviously on property.  Our residence of course would be partially used as an office to answer calls, arrange business transactions etc.   Will this qualify for a 1031 exchange and how would we list it on the exchange.    

0 Votes