@Purpleribbon This thread was talking about personal residences ... you cannot do a 1031 exchange on a personal residence.
However if you sell both a personal residence and a separate business property in the same tax year you can use the exclusion on the personal residence and the 1031 exchange on the business property. Make sure you understand all the rules that come with a 1031 exchange before you sell anything ... failure to comply exactly with the regulation will void the exchange.
