Investors & landlords


@Carl wrote:

Exchanging a residental rental property for a commercial rental property is not a valid like-kind exchange.


Incorrect.

 

Provided the real property is held for productive use in a trade or business or for investment, residential rental real estate can be exchanged for commercial rental property and gain deferred under Section 1031.

 

See Treas. Reg. §1.1031(a)-1(b)

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