@Opus 17Absolutely appreciate your detailed reply! Thank you!1. Correct, i understand that part2.I'm thinking because I plan to rent it out, it no longer is a p...
@rjsthanks for the comment!My thoughts were to buy 2nd home to move into and i would rent out my current. if i want to sell a few years down the line, then tech...
Thanks for the reply!Isn’t there something called the1031 exchange? If the property becomes a rental, and I sell and purchase a new similar property, tax doesn’...