Real Estate Blog

Here’s a tax alert for real estate investors who use popular tax-free exchanges: The recently signed federal housing legislation contains a hidden zinger that could cost you thousands of dollars if you don’t plan around it.

The rest is here:
Investor Report: Hidden Tax Pitfall

For many real estate investors, it was the most profitable tax strategy around: Move into a rental property you own, use it as a principal residence for two years, and convert taxable capital gains into tax-free dollars when you sell or exchange.

Source:
Investor Report: Taxable Capital Gains