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Need help on finding CPA and tax questions
I need help with the following. I made a move and gave 50k deposit on a new construction condo in 2019. It was built last year and I became owner in October. Technically speaking I invested only 50k there,and it was invested for 3 years. If I sell it now, would it be short term capital gain?
Now, can I do 1031 exchange? I literally can't find any tenant there and I don't want to be hammered with tax.
Yet another question, how do you find a good CPA? Should it be a tax attorney?