All Forum Posts by: Linda Bro

I have a rental that is worth about $450,000. So I would have to buy a replacement investment property worth at least that. If I bought a property for $500,000 with a house already on it and added a manufactured home which I kept on a small portion of the property, would that qualify? The property being sold is in California, and the one purchased would be in Oregon. 

Thanks for the responses. So it would seem that when I purchase the new property, the main dwelling must be the rental. After that, I may add a manufactured home to live in myself as long as zoning permits. 

Hello,

Does a 1031 exchange allow me to sell a rental and roll the profit into a property that has two houses on it (one to be a rental)? Or does it allow profit to be rolled over into a property that has one house on it, and then a second manufactured home is added after sale (as a rental)?

I have searched the internet and cannot find any answer.  I appreciate any responses. Thanks.