Investment Property Question

[Bapshil Fatal]

Hello everyone. I was wondering if any real estate investment experts can my question concerning investment properties. Let's say after one year of buying, you recently converted your primary residence into an investment property, about how long do you have to wait before you could do a 1031 Exchange for another property after converting yours?

[Eliott Elias]

Talk to your CPA about this. Use your homestead tax exemption for your primary, don’t convert it to an investment property.