My DH and I are thinking of selling one of our investment properties, we would like to pay off his mom's home and keep it as an investment but she will stay living it. We are not going to change any of the paperwork because then we would loose the homestead and since she is over 65 and a widow, we would loose the the tax breaks. Is there anyway we can still do the 1031? We are in Florida and the taxes are extremely high that is why we would like to go this route.

Not gonna work the way you want it. You would not be able to keep it in the mothers name to keep the senior freeze and the homestead.

Thanks for the reply. I will just pay the capital gains on the property, it would work out better for us.

Really, with the capital gain rate being 15% right now, it's not a bad time to have to pay it.