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1031 Exchanges

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Jesse Giacomelli
  • San Diego, CA
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primary residence to rental, then 1031 to primary?

Jesse Giacomelli
  • San Diego, CA
Posted Oct 15 2013, 20:13

Hi guys,

I'm fairly new to 1031 exchanges and had a question about 1031 exchanging from rental to primary residences. Here's the scenario:

I've owned a home in California for the past 3 years. I plan to rent it shortly for 3-4 years, and then do a 1031 exchange of the rental to a primary residence. Would this scenario qualify for 1031 treatment?

Thanks for your time!

Jesse

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