Updated about 5 years ago on . Most recent reply
1031 exchange: investment property into your primary residence?
So I am about to cash out a large investment from the sale of an investment property and am facing 1031 exchange options.
I also recently sold my homestead and moved, now looking to purchase a new primary residence.
Is there an option to roll this RE investment $$ into the downpayment of my primary residence or is that not "in kind"?
Most Popular Reply

Pro’s will chime in but the way to do it is buy your new residence at the value you sold for, rent it for a few years (shows your intent to rent it), then move in.