Welcome to Day 21 of the 31 Days of 10-31!
Day Twenty One – Vacation Homes or Second House & the 1031
Second homes, sometimes known as vacation homes, present another 1031 Exchange opportunity! Even if a taxpayer’s vacation house has frequently turned out to be one of his best assets, many tax and legal professionals have argued against using section 1031 when the time came to sell. In our most recent Equity Advantage Blogcast with David Moore, learn how to assess whether your vacation homes qualify for a 1031 Exchange.
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David and Thomas Moore, the co-founders of Equity Advantage & IRA Advantage
Whether working through a 1031 Exchange with Equity Advantage, acquiring real estate with an IRA through IRA Advantage or listing investment property through our Post 1031 property listing site, we are here to help Investors get where they want to be. Call them today! 503-635-1031.