Subject: 1031 Exchange
Date: Wed, 07 Jan 2004
I was wondering what the process of converting a 1031 exchange to a primary residence is.
I recently exchanged a property I inherited for another and have rented it out for about 6 months. I am having a tough time keeping renters in there as the market value for the rent is very high. I thought perhaps I could move in there and rent out the home I am living in. Is that possible?
Date: Mon, 02 Feb 2004
Messy, but possible.
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