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1031 Tax advice needed
Taxing Matters - Thanks for the reply. You are stating exactly what I believed a tax attorney would have. I'm just caught in a awkward situation as the health care via the VA is so bad in northern California (the local VA rep calls it the 'black hole of VA health care'), and the health care... -
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1031 Tax advice needed
Did a 1031 exchange with intent to rent it out; a condo in Florida. PROBLEM 1: The complex started concrete work 3 days after I purchased in June 2020, and it could not be rented out. The concrete work just got wrapped up on the 30th of December 2020. There is no rent for that time frame as...