Personal Investments • 11 years from retirement, Traditional vs. Roth, second home, tax efficiency, and more!

I'm not familiar with a 1031 exchange, so will have to read up on that. Can that be used if the property you're selling was a rental property, but the property you're purchasing is for personal use?

No.

Thanks. Does it make a difference if the rental property was originally our primary residence for about 3 years, but was later repurposed as a rental property, as opposed to being purchased as a rental property from the beginning?

Statistics: Posted by bogle-header — Sat Feb 01, 2025 10:19 pm — Replies 17 — Views 2004

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