Can a non-resident actually do a 1031 exchange on US rental property, or is that only for Americans?
I'm a nonresident alien and I own a US rental property through a single-member LLC. I want to sell it and roll the gain into another US rental instead of paying tax now. Is a Section 1031 like-kind exchange even available to foreigners, or is it a US-persons-only thing? And can I exchange into property back home in my own country to keep things simple?
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