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Updated over 4 years ago on . Most recent reply

Brett Parker's profile image
Brett Parker's profile image
Brett Parker
  • from North Little Rock, Arkansas
  • Member since Aug 4, 2016
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Brett Parker's profile image
Brett Parker's profile image
Brett Parker
  • from North Little Rock, Arkansas
  • Member since Aug 4, 2016
Connect
Brett Parker
  • North Little Rock, AR
0
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13
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Buying & Selling Real Estate

1031 Exchange With Primary Residence

Brett Parker
  • North Little Rock, AR
Posted

I currently have a rental property and a primary residence in which I've lived for 6-years. I am interested in selling my rental property and converting my primary residence into a rental property. After doing this, I would then purchase my new primary residence. 

With this, can I do a 1031 exchange on the rental property I am wanting to sell to my primary residence that I'm wanting to convert to a rental property?

Thanks for any insight. Looked in BPockets and can't find anything about this. 

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