{
  "url": "sellingrealestateflorida.com/faq/how-does-personal-use-affect-a-vacation-rental-s-eligibility-for-a-1031-exchange",
  "name": "How does personal use affect a vacation rental's eligibility for a 1031 exchange?",
  "@type": "FAQPage",
  "@context": "https://schema.org",
  "speakable": {
    "@type": "SpeakableSpecification",
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  "mainEntity": [
    {
      "name": "How does personal use affect a vacation rental's eligibility for a 1031 exchange?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "Personal use is a critical factor for 1031 exchange eligibility. The IRS considers a vacation home an investment property if it is rented for 14 days or more per year and your personal use does not exceed the greater of 14 days or 10% of the total days it is rented. Exceeding these personal use limits can jeopardize the property's qualification as being 'held for productive use in a trade or business or for investment,' potentially disqualifying it from the exchange. Reviewing your usage history is a key preparation step.",
        "@type": "Answer",
        "description": "Excessive personal use (more than 14 days or 10% of rental days) can disqualify a vacation rental from a 1031 exchange."
      }
    }
  ],
  "description": "Excessive personal use (more than 14 days or 10% of rental days) can disqualify a vacation rental from a 1031 exchange."
}