Updated about 11 years ago on . Most recent reply
New dollars from sale, bad credit, now what?
So, I'll be pocketing $122,000 from the sale of my tri-plex in California. Because I live in one I can take the tax exclusion for a personal property but the other two are going to be taxed. I have owned the property for 3 years and lived in it for 3. I thought about doing a 1031 exchange but my credit isn't great ( a few issues that are easy to fix once i get my proceeds). I have considered opening a kiosk asking something ( not sure yet), but I'm lost on what route i should go. Any thoughts or suggestions? Thank you