Yes. A 1031 exchange allows you to sell one property and buy ten, or sell ten and buy one. As long as the proceeds go into like-kind investment property, the count on each side is flexible. Selling one rental and splitting the proceeds across several replacements is done all the time. The flexibility narrows in the rules that make the deferral hold: - Full reinvestment. To fully defer the gain, you generally need to reinvest all of your proceeds and replace your debt. If the combined purchases fall short of that target, the shortfall becomes taxable boot. - Timelines and identification. You have to identify replacement properties and close within the strict 1031 windows, and specific identification rules apply when you're targeting several properties at once. - Rules change. Confirm the current requirements before you sell. A multi-property exchange has more moving parts, so line up a qualified intermediary to hold the funds and structure it, and have a tax professional confirm the properties you're buying satisfy the reinvestment and identification tests. We can help you sequence and finance the replacement purchases; the tax structuring belongs with your CPA and intermediary.