House Hacking to 1031 exchange?
Hey BP. I am new to the game and have been spending most of my time reading as much as possible here and have learned a ton. I am going to purchase a home soon and start house hacking. I am aware that with this, I will have to pay capital gains tax on the portion of the home that I rented out when I go to sell, while the portion of the home that served as my primary residence is excluded from that.
I had a idea that I didn't see anywhere, so I wasn't sure if it was possible or not. Is it possible to house hack and, when I go to sell the property, use a 1031 exchange on the portion of the property that was rented while using the capital gains exclusion of the portion that was my primary residence?