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1031 Exchange? Can I exchange a business opportunity(franchise) after selling the residential income property

Is it considered like-kind exchange and qualify for 1031 exchange

if selling a rental property, you need to exchange for a rental property. That is where the "like-kind" comes in.

A franchise is not the same as a rental

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2 Responses to “1031 Exchange? Can I exchange a business opportunity(franchise) after selling the residential income property”

  • Wayne Z says:

    Does not exactly sound like "like-kind" property does it now?
    References :

  • Tim says:

    if selling a rental property, you need to exchange for a rental property. That is where the "like-kind" comes in.

    A franchise is not the same as a rental
    References :

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