it appears that the rental property will be used for housing rather than in the business. this may violate the 1031 exchange rules per REG-117589-18
II. Section 1031 after the TCJA
As amended by the TCJA, section 1031(a) provides that no gain or loss is
recognized on the exchange of real property held for productive use in a trade or
business or for investment (relinquished real property) if the relinquished real property is
exchanged solely for real property of a like kind that is to be held either for productive
use in a trade or business or for investment.
it seems you said you would be staying in this property while working at one of your offices. to me it sounds more like a second home than investment or business property.
maybe others will look at this differently.
