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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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1031 Exchanges
HomeForums1031 ExchangesLike kind exchange rules
Wayne Walker's profile image
Wayne Walker's profile image
Wayne Walker
  • Investor
  • from Cullman, Alabama
  • Member since Mar 1, 2016
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Wayne Walker's profile image
Wayne Walker's profile image
Wayne Walker
  • Investor
  • from Cullman, Alabama
  • Member since Mar 1, 2016
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Wayne Walker
  • Investor
  • Cullman, AL
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1031 Exchanges

Like kind exchange rules

Wayne Walker
  • Investor
  • Cullman, AL
Posted Apr 5 2018, 08:46

I have a rental property that I wish to sell and upgrade to a duplex.  I have land in my possession and need to know if IRS like kind rules allow me to construct a duplex on the property.  Does this qualify under the rules?

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