Back when you had the energy and time, being a landlord may have sounded like fun. Then perhaps, you hired a property management company or gave the responsibility of taking care of your property to a family member. Over time, the asset probably needed some work: a new coat of paint or repairing a refrigerator.…
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Interested in exchanging your vacation home for another closer to home? Well, it may not be as simple as you think. A lot of tax payers are unclear on what the IRS rules are for this type of exchange, and think they qualify when they really don’t. Personal use is a big factor in distinguishing…
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