Yes, you CAN reap the benefits of a destination property and the tax advantages of 1031 exchange. Establish your vacation home as an investment from the outset—and follow this guide to keep your taxes working for your own benefit when you move into and out of properties, even when the productive use is fun.
View the full article: Does Your Vacation Home Qualify for a 1031 Exchange? Here’s What Tax Code Says on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.