buy your dream retirement home through a tax deferred exchange: Using an Exchange to Aquire Your Dream Retirement Home... Buy Now, Retire Later!
- 07/11/08 01:34 PM
In my last post I offered a short history and explanation of 1039 exchanges with the recent update that the IRS has finally issues a regulation that you must rent income property out at fair market rent for 2 years after obtaining it through an exchange before moving into it to establish it as your own personal residence. So, the question is, how can I use this information to help me to plan my retirement? First, current market conditions have created an absolute bonanza for savvy real estate investors in many areas of the country. If you plan to retire to … (3 comments)
In my last post I offered a short history and explanation of 1039 exchanges with the recent update that the IRS has finally issues a regulation that you must rent income property out at fair market rent for 2 years after obtaining it through an exchange before moving into it to establish it as your own personal residence. So, the question is, how can I use this information to help me to plan my retirement?;)
;)
