Yuritopiaposadism [none/use name]@hexbear.net to urbanism@hexbear.netEnglish · 9 months agoBoomers are not moving out of their big homes, here’s why | CNN Businesswww.cnn.comexternal-linkmessage-square12fedilinkarrow-up136arrow-down10cross-posted to: news@lemmy.world
arrow-up136arrow-down1external-linkBoomers are not moving out of their big homes, here’s why | CNN Businesswww.cnn.comYuritopiaposadism [none/use name]@hexbear.net to urbanism@hexbear.netEnglish · 9 months agomessage-square12fedilinkcross-posted to: news@lemmy.world
minus-squareMNByChoicelinkfedilinkEnglisharrow-up1·edit-29 months agoCan’t they do a 1039 exchange, stepping down about $500K each time? Edit: no, you cannot go smaller. https://www.kiplinger.com/real-estate/1031-exchange-rules-you-need-to-know
Can’t they do a 1039 exchange, stepping down about $500K each time?
Edit: no, you cannot go smaller. https://www.kiplinger.com/real-estate/1031-exchange-rules-you-need-to-know