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2. Thinking of Moving In? How to Turn Your Rental Property into ...

   www.aol.com/finance/convert-rental-property...

   Converting a rental property into a primary residence involves careful planning and consideration of various tax implications. Section 121 of the IRS code and 1031 exchanges offer valuable tools ...

3. Navigating 1031 Exchange to Not Have To Pay Taxes - AOL

   www.aol.com/navigating-1031-exchange-not-pay...

   Alternative Capital Gains Avoidance for Vacation Homes and Your Primary Residence. A 1031 exchange isn’t the only way to avoid capital gains tax on the sale of a vacation home, but you’ll have ...

4. Internal Revenue Code section 1031 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Step 3. Enter into a 1031 exchange agreement with the Qualified Intermediary, in which the Qualified Intermediary is named as principal in the sale of the relinquished property and the subsequent purchase of the replacement property. The 1031 Exchange Agreement must meet with federal tax law requirements, especially pertaining to the proceeds.

5. Do I Need to Report a 1031 Exchange on My Tax Return? - AOL

   www.aol.com/report-1031-exchange-tax-return...

   A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting proceeds from the sale into another similar property. Taxes ...

6. Like-kind exchange - Wikipedia

   en.wikipedia.org/wiki/Like-kind_exchange

   A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one ...

7. Can I Have Two Primary Residences If I'm Married & Filing ...

   www.aol.com/two-primary-residences-im-married...

   For example, a primary residence that used to be a 1031 exchange doesn’t qualify for capital gains exclusions until you’ve lived in it for five years. Proving a Principal Residence for Tax ...