Attention Downsizing Baby Boomers – Sell Your Home and Avoid Capital Gains Taxes
Esquire Property Management Group
OCTOBER 12, 2024
Convert Your Primary Residence into a Rental Property – Golden Strategy : By moving out of your primary residence and renting it for at least a year, you can later sell it as an investment property, potentially benefiting from both Section 121 and 1031. This approach allows you to defer taxes and retain equity.
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