Rent / Leasing question I am thinking of doing a 1031 Exchange
With respect to a 1031 exchange... can one buy a beach property and rent it on aribnb? as opposed to renting it out on a monthly / yearly lease basis?
Does the IRS require that the acquired property be rented out in any particular manner?
Don't use "aribnb" - you'll do better on airbnb.
The IRS typically and generally doesn't care how you rent out a property. A rental is a rental. You need only to be certain the exchanged properties are held for use in a trade or business or for investment. And avoid personal use of it, too.
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