I am planning on taking a partial deduction (250K) on my rental property since i lived it in for 384 days (< 2 years in last 5 years)
With the money I have made I will be buying another house. When I close on the sale of the rental property can I put the sale proceeds in my bank account or do i have to go through an intermediary ? (like a 1031?)
thanks in advance for the answer
