Updated almost 5 years ago on . Most recent reply
1031 Exchange With Primary Residence
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.