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You can buy a vacation property to use personally and invest in as a rental with a 1031 exchange.However, there are a few guidelines to follow that you don't want to break.
Learn more about them by watching this video from The Tax Smart Real Estate Investors YouTube channel.
Listen in to learn:
- Why a 1031 Exchange is important if you want to sell your rental properties and buy a vacation property
- Rules that you have to follow if you 1031 Exchange the proceeds from a sale to a new vacation rental
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