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I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack
We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married. 20 years, two […]
Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic
The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities. Four years later, the […]
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1031 Exchanges
HomeForums1031 ExchangesConverting 1031 to personal use
Dan Robinson's profile image
Dan Robinson's profile image
Dan Robinson
  • Investor
  • from Alexandria, Virginia
  • Member since Jun 13, 2013
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Dan Robinson's profile image
Dan Robinson's profile image
Dan Robinson
  • Investor
  • from Alexandria, Virginia
  • Member since Jun 13, 2013
Connect
Dan Robinson
  • Investor
  • Alexandria, VA
26
Votes |
72
Posts
1031 Exchanges

Converting 1031 to personal use

Dan Robinson
  • Investor
  • Alexandria, VA
Posted Sep 29 2016, 19:10

Can I use a 1031 exchange to sell a rental property, buy another, rent it for a some minimal period of time and then convert it to personal use? What are the implications?

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