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Stephen Wayner, Esq.

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Graphic Image of Farm and Farmhouse which might might qualify as a mixed-use 1031 exchange.

Mixed-Use 1031 Exchanges – What You Should Know

Pretend my last name is McDonald.  Further, pretend that I am a farmer. AND on my farm–E- I, E- I – O, –ENOUGH of the nursery rhyme–but if I had a farm and I lived in the farmhouse but farmed the surrounding land, I would have a mixed-use property.  The farmhouse would be my personal residence and the surrounding farmland would be a property that I used in my trade or business (in this case, farming) or was being held as an investment and could be used in a mixed-use 1031 Exchange transaction.

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