Full year of renting out before I 1031 a previous rental?
I lived in the house for 1.5 years, then rented it out for 3 years and lived in it again for about a year then rented out again but not a full year yet. Do I need to rent it out again for a full year before 1031 exchanging?
From what I understood there is no actual guideline as to how long it has to be rented to qualify for a 1031. My other rental that I did a 1031 with though was a 4 year long rental so there was no gray area at all.