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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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