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re: 1031 Exchange Question
Posted on 12/17/20 at 4:32 pm to HBomb
Posted on 12/17/20 at 4:32 pm to HBomb
quote:1031 has to be “in like kind”. Do you currently use your rental on occasions? I too would be suspicious and uneasy if I were your CPA.
What if it was listed permanently on an airbnb site and I use it occasionally as well?
1
Posted on 12/17/20 at 5:06 pm to jimbeam
quote:
Do you currently use your rental on occasions?
No, I actually only closed on it 2 weeks ago. My intention was to renovate and rent. Didn’t get there though.
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