I could have said Yes and Yes, but it seems you don't understand what is 1031 exchange: it is exchange of like-kind property
1. as long as you don't get cash or reduce mortgage, is 3-to-1 or 1-to-3 of rental properties like kind exchange?
2. The question is whether a rental home and vacation rental are like-kind property. I encourage you to google around to find out the answer. This helps you to
(a)Nonrecognition of gain or loss from exchanges solely in kind
(1)In general
No gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment if such real property is exchanged solely for real property of like kind which is to be held either for productive use in a trade or business or for investment.
(2)Exception for real property held for sale
This subsection shall not apply to any exchange of real property held primarily for sale.
能不能卖两个或者三个投资房，同时把钱1031到一个贵一点的房子？我知道1031是可以一换三的，但是三换一可不可以？
还有就是1031后新买的房子，如果不做长租，做Airbnb, 也算是符合1031条件对吧？
I could have said Yes and Yes, but it seems you don't understand what is 1031 exchange: it is exchange of like-kind property
1. as long as you don't get cash or reduce mortgage, is 3-to-1 or 1-to-3 of rental properties like kind exchange?
2. The question is whether a rental home and vacation rental are like-kind property. I encourage you to google around to find out the answer. This helps you to
https://www.law.cornell.edu/uscode/text/26/1031
(a)Nonrecognition of gain or loss from exchanges solely in kind
(1)In generalNo gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment if such real property is exchanged solely for real property of like kind which is to be held either for productive use in a trade or business or for investment.
(2)Exception for real property held for saleThis subsection shall not apply to any exchange of real property held primarily for sale.
到后面就不太敢讲价了 只追求按时close
出租房1031 置换成另一个出租房， 再出租两年后变自住房，增值及折旧就可以不交税了吗？