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Updated over 6 years ago on . Most recent reply presented by

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8
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Karen Rodriguez
  • Real Estate Broker
  • Atlanta GA/ Miami Florida
3
Votes |
8
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1031 Exchange + House Hack Multi-Family Using FHA

Karen Rodriguez
  • Real Estate Broker
  • Atlanta GA/ Miami Florida
Posted

Looking at purchasing my first multi-family quadplex and living in one of the units for at least a year or so while renovating the others. Would I still be able to use FHA/conventional financing if I used a 1031 exchange on the purchase?

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37
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16
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Mark Perlberg
  • CPA
  • Charlotte, NC
16
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37
Posts
Mark Perlberg
  • CPA
  • Charlotte, NC
Replied

@Dave Foster was thinking about recommending this to a client with over 60K of expected capital gains. You just made my day!

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