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A comment on Maybe Treating Housing as an Investment Was a Colossal Mistake. Parent comment

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by amluto on Monday March 06, 2023 @02:56PM (#35046716)
You can do a “1031 exchange” to trade a non-residence property for a different one.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by mym1990 on Tuesday March 07, 2023 @12:01PM (#35057762)
This is just a tax deferral, you will still pay tax eventually.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by amluto on Tuesday March 07, 2023 @02:59PM (#35060364)
Not necessarily. You can hold on to it until you or your spouse dies, which will reset the tax basis.
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by mym1990 on Wednesday March 08, 2023 @01:28PM (#35072798)
Cannot find where spouse dying resets the tax liability. If the outright owner passes away, that makes sense.
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