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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 ExchangesSell Rental and 1031 exchange to add a room in PR
Ramaiyer Ramesh's profile image
Ramaiyer Ramesh's profile image
Ramaiyer Ramesh
  • from Sunnyvale, California
  • Member since Oct 11, 2016
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Ramaiyer Ramesh's profile image
Ramaiyer Ramesh's profile image
Ramaiyer Ramesh
  • from Sunnyvale, California
  • Member since Oct 11, 2016
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Ramaiyer Ramesh
  • Sunnyvale, CA
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1031 Exchanges

Sell Rental and 1031 exchange to add a room in PR

Ramaiyer Ramesh
  • Sunnyvale, CA
Posted Oct 11 2016, 22:43

Hi, 

Want to check if it is OK to use 1031 exchange on the proceeds from selling a rental property (held for 4 years) to fund expansion and remodelling of current primary residence. Please advise. 

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