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1031 Exchanges
HomeForums1031 Exchanges1031 Scenario - is it possible?

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Sri Voodi
  • Investor
  • Woodland Hills
31
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79
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1031 Exchanges

1031 Scenario - is it possible?

Sri Voodi
  • Investor
  • Woodland Hills
Posted Aug 29 2023, 14:54

All gurus, 

I have a Single Family Home (SFH) property that I want sell and do a 1031 exchange.

Scenario 1 - Sell the property and buy 2 SFH's out of state. Does it qualify as LIKE-KIND property?

Scenario 2 -Sell the property and buy a Multi unit? Does it qualify as LIKE-KIND property?

Thanks

Los Angeles County, California
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