Client wants to sell residence with a rental unit located on same property. Rental unit has separate access. Client wants to do 1031 exchange with rental unit. Possible without splitting lot? Problems?
-
-
Not sure if it completely answers your question, but see Example 2 of Rev. Proc. 2005-14.
"You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
"That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard
Comment