convert 1031 to primary
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convert 1031 to primary (by Laker Lori [CA]) Aug 11, 2020 4:00 PM
       convert 1031 to primary (by Jim in O C [CA]) Aug 11, 2020 6:59 PM
       convert 1031 to primary (by Zakhd [CT]) Aug 17, 2020 9:29 PM


convert 1031 to primary (by Laker Lori [CA]) Posted on: Aug 11, 2020 4:00 PM
Message:

If I do a 1031 exchange, my residential rental into another one, how long is it that I have to rent it out before I can move in & not have tax problems? Can't recall. In this case, I don't want to do ~50% capital gains in cashing out of a duplex. Daydreaming of exchanging into a rental w/ a boat dock (boat slip home is true goal) then waiting a couple of years & moving in....

--70.158.xxx.xx




convert 1031 to primary (by Jim in O C [CA]) Posted on: Aug 11, 2020 6:59 PM
Message:

CPA and/or tax attorney time. --89.45.xx.xxx




convert 1031 to primary (by Zakhd [CT]) Posted on: Aug 17, 2020 9:29 PM
Message:

I think it is two years. Google it. --32.211.xxx.xxx





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convert 1031 to primary
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