Updated almost 5 years ago on .
Most recent reply
presented by
1031 on a primary residence
How long do I need to rent out my townhouse in California before I can use it in a 1031 exchange?
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,510
- Votes |
- 23,418
- Posts
Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Generally accepted is a year. I assume the reason to do this is that the gain is well above the 121 exclusion.