1031 Exchange Ohio- Purchasing Next Property
Currently own rental farmhouse free and clear. Scheduled to be auctioned (absolute). Anticipating about 100K of proceeds from the sale to work with for a 1031 Exchange on next property. My question is: Do I have choices to buy a multifamily property and or single family homes (income properties that will be rented)? Like/kind is stated in the rules but does not say that I can't buy more than one property with this 1031 exchange. Has anyone purchased multiple properties with 1031 Exchange?