No. A 1031 Exchange is for investment and business property - not personal.
In other words, you can’t exchange your primary residence for another.
In South Dakota, can I use a 1031 Exchange for personal property?
About Swier Law Firm's Agricultural Law Practice Group
Swier Law Firm's Agricultural Law Practice Group handles the following types of agricultural law issues:
- Crop Insurance Disputes
- Business Planning
- Contracts
- Clean Air Act
- Environmental Law
- Estate Planning
- Insurance
- Leases
- Real Estate
- Taxation
- Water Law
- Preparing, Revising and Updating Farm Operation Governance and Compliance Materials, including Bylaws, Committee Charters, and Compliance Policies.
Take a look at our valuable agricultural law books and articles. Our materials are full of tips and advice. All materials are written by the law firm's nationally recognized agricultural law attorneys and provide detailed South Dakota-specific information designed to help anyone with agricultural law issues. You can request your free copy by clicking on the book cover below.
.png)
