I haven't been able to find specific guidance on this point so I'd
appreciate if anyone knows about this.
OP has a house they live in but Air BnB part of. They want to do a 1031 exchange. I assume they can do that on the portion of the property used as
a rental, like they would for any deductible expenses.
Am I right about that? Or am I off base? I couldn't find any guidance on
this issue on the irs website or in the regulations.
Thanks for any information you have.
--
Stu
http://DownToEarthLawyer.com
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