house with home office: How to Sell Your Existing Home With Home Office Tax Free
- 08/28/16 03:11 AM
Combining Section 121 and 1031 Exchange Your Uncle Sam really favors home owners. Not only does he allow you some tax free gains on your principle residence. He also gives you more tax free and deferred cash if you use the home as your office or rental. To realize the gifts US as given, you must know the rules and play the game accordingly. It takes some planning but as you will see it is well worth it. I have been using my primary residence property as a rental for the past 2.5 years. I will employ these rules to avoid and (2 comments)