1031 tax-deferred exchange! Is it valid fgro a Canadian

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QUESTION:
Is the 1031 available to Canadian Investors , who would like to trade up for another revenue property?   
Thank you in advance
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david ingram replies:
A 1031 exchange used to work for Americans in Mexico and Canada but that was stopped a dozen years ago.  Today, a 1031 exchange can only be between two US properties.  
There is nothing to stop a Canadian or even an Ethiopian from using a 1031 exchange in the US.  However, although I do NOT know the rules for Ethiopia, I DO know the rules for Canada.
Canada will NOT recognize the 1031 exchange and the Canadian will be taxable in Canada while not being taxable in Canada.  It just does not work because later on, when the exchanged property is finally sold in the US, he or she will now owe US tax and it will be too late to claim any credit in CANADA.  No Canadian should participate in a US 1031 exchange.
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