re: 1031 Exchange Question

quote:

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I have dealt with a lot of 1031s down here at the beach, the fact that it is rental or not is immaterial to meeting the criteria...

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Uhh... personal use property is specifically excluded.

If you deal with it at the beach, my guess is you have a lot of rentals who do this, and occasionally some of what the IRS calls "vacation houses".

Now, like anything else... it only matters if you get caught...