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re: 1031 Exchange

Posted on 10/3/17 at 12:52 pm to
Posted by baldona
Florida
Member since Feb 2016
20542 posts
Posted on 10/3/17 at 12:52 pm to
My basic understanding is a 1031 just can't be used for your primary residence. You could use it for a vacation home for instance, there are no rules on it having income or anything. Its simply meant for real estate that is not your primary residence, because there are different rules there.
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