1031 Exchange Question
I find myself in an interesting situation. I purchased a property for $x with 50 acres with 2.5 of the acres being my homestead with a small farm house. If I sell the property for $10x 15 years later and want to use a 1031 Exchange, how can I differentiate my personal homestead from the larger acreage. I have meetings scheduled with CPA's to discuss but would interested if anyone else has experience this situation