Would a 1031 exchange allow me to trade a rental for a primary home? If I used the proceeds as my down pmt?

Thinking of selling my rental in order to buy a primary home.

Chosen Answer:
no

a primary home is not 'like kind' property to investment property and thus a 1031 exchange isn't available.
by: Spock (rhp)
on: 3rd January

1031 Exchange Requirements...Read More...