The 1031 Exchange Institute

Welcome to The 1031 Exchange Institute™. The 1031 Exchange Institute is your complete online resource for 1031 exchange, 1033 exchange, 1034 exchange, 721 exchange, 453 installment sale and 121 exclusion information.  Information will also be provided regarding Self-Directed IRAs, including Traditional IRAs, ROTH IRAs, SEP-IRAs and SIMPLE IRAs. 

The 1031 Exchange Institute is dedicated to educating and informing real estate investors and their advisors on the benefits of 1031 tax-deferred exchanges and other tax deferred and tax exlcusion strategies so they can make better informed investment decisions.

1031 Exchange Discussion Forum > 1031 exchange with parents home

I own a rental house that I have owned for 30 years-I want to sell that and
1031 exchange it and buy my parent's home and they will then rent it for fair market value. They are struggling with making ends meet but if we bought them out their equity would be enough to carry them the rest of their life---both 84 years old

Is a 1031 exchange an option as long as I keep the house for 2 years after the transaction? They have no desire to move so holding the place until they pass is a given.
March 10, 2015 | Unregistered Commenterron