@STW1011
@ rferreira 1
you can not use 1031 to defer gain on the sale of rental real estate by buying a personal residence. there is no longer the ability to defer the taxes on the non-excludable gain from the sale of your old residence by buying/building a new house. that went out of the code in 1997. the only way to avoid the taxes on this gain is to have capital losses in the same year or as a capital loss carryforward from a previous year.
