Can I use a 1031 tax deferred exchange if all the units in my condo complex were bought out by timeshares?

February 24th, 2010 | by admin |
Sway asked:


I want to do this to buy more real estate and not get hit with capital gains tax.

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    1. No Responses to “Can I use a 1031 tax deferred exchange if all the units in my condo complex were bought out by timeshares?”

    2. By hollywoodmelody on Feb 26, 2010 | Reply

      For at least the past yrs or more and have you owned your primary residence and lived in it your condo is it must be your primary residence it for at least the past yrs.

    3. By JDW on Feb 28, 2010 | Reply

      I don’t think using it as a primary residence is a requirement for a 1031 exchange

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