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Tax, SDIRAs & Cost Segregation

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Michael Bettencourt
  • Investor
  • Highland Park, IL
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68
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Primary exemption or 1031 exchange?

Michael Bettencourt
  • Investor
  • Highland Park, IL
Posted Jan 29 2017, 16:20
Quick question, wanted to confirm what I read in the IRS pub. 523. I lived in my home in San Diego from June 2010 to Oct 2013 and Moved to Ventura Ca. (180 miles north) on Active Duty Orders. From everything I've read I should considered Qualified extended duty and be exempt form capital gains on its sale( hopefully this spring). Thanks BP!

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