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....
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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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