This strategy is what we call a diversification exchange, where you sell an investment property and reinvest in multiple investment properties in a 1031 exchange.

Hi all, I did a 1031 exchange where I sold two apartments and bought a single family home.

I am doing a 1031 exchange and looking to purchase my first multifamily (2+ units) investment property.

A 1031 exchange defers capital gains rather than eliminating them, but other strategies may help reduce or even eliminate tax depending on timing and circumstances, such as converting the property to a primary residence, depreciation planning, installment sales, or combining gains with losses.

Let the note go into the 1031 exchange and either.   

It’s a precision tool now, not a broad strategy.”

I’m in the early stages of my real estate journey and joined Bigger Pockets to connect with other investors, learn from people with more experience, and surround myself with individuals who are actively growing in this space.My background is in renovations, and I run Precise Home Renovations LLC, which has given me a strong understanding of construction, materials, budgeting, and project management.

Also - consider the benefits of a "lazy 1031 exchange" in the event you sell a rental property for a gain.If you are not a REP or target the STR "exception", you can treat the losses from the depreciation of a cost seg study to offset gain on the sale of existing passive rental properties.

I have found one we are trying to 1031 exchange into.

The replacement property in a 1031 exchange must be actual real estate.