Like-Kind Exchange of Multiple Properties

Course: Fundamentals of Financial Planning
Lesson 5: Using the Calculator

Student Question:

Does the like kind 1031 exchange defer taxes if I exchange two properties for one like-kind property? For example, I am selling an investment house and with the proceedings I am purchasing two like-kind investment houses.

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Instructor Response:

Absolutely.  So long as you are otherwise meeting all IRS requirements, you can indeed exchange 1 property for multiple.  Or vice versa.