[WSBARP] 1031 Exchange of Vacation or secondary Home

[Eric Nelsen]

1031 requires property to be for business or investment purposes.
http://www.exeter1031.com/article_qualified_use_property.aspx

Vacation homes as "investment" is a bit ambiguous, apparently.
http://www.exeter1031.com/article_vacation_property.aspx

What I know, I learned from the internet, which speaks truth at all times, right?

Sincerely,

Eric

Eric C. Nelsen
SAYRE LAW OFFICES, PLLC
1417 31st Ave South
Seattle WA  98144-3909
phone 206-625-0092
fax 206-625-9040

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of nestor at pplsweb.com
Sent: Wednesday, July 10, 2019 4:54 PM
To: 'WSBA Real Property Listserv'
Subject: [WSBARP] 1031 Exchange of Vacation or secondary Home

Are 1031 Exchanges done with vacation or secondary Homes?


Nestor Gorfinkel, Attorney at Law
Admitted to practice law in Washington & Florida
Florida Civil-Law (International) Notary
Puget Property Legal Services
2018 156th Ave NE
Bellevue, WA 98007
Tel. (425) 961-0519
Fax. (888) 522-3601


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