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can i exchange rental property for reit stock with 1031?
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would buying the stock of a reit qualify as a 'like-kind' exchange? short answer, no. long answer, a 1031 (starker) exchange only applies to real estate.  from the wikipedia page on the topic: to qualify for section 1031 of the internal revenue code, the properties exchanged must be held for productive use in a trade or business, or for investment. stocks, bonds, and other properties are listed as expressly excluded by section 1031 of the internal revenue code, although securitized properties are not excluded. a reit, being stock in a real estate company, is excluded from section 1031.
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