Taken from IRS website, I remember two requirements, buying and selling have to be done within a limited time frame, say one year (not sure), you have to spend more on buying than selling. For instance, if you sell 10 houses for $1million, you need to buy a new one, or ones for at least $1million to get tax free (or deferred).Like-Kind Exchanges - Real Estate Tax Tips |
|
|
IRS on like-kind exchange
回答: Can you purchase one property in exchange of selling multiple on
由 handy2011
于 2012-01-31 08:49:17
所有跟帖:
• Thanks a lot for the tip! -handy2011- ♀ (0 bytes) () 01/31/2012 postreply 14:16:58