Thinking about swapping your ski chalet in Aspen for an oceanfront mansion on Miami Beach? If you’ve used your vacation home as an investment property, and collected rental income, you might be able to take advantage of a popular tax break that allows you to defer payment of any capital-gains taxes due on the sale or perhaps avoid them entirely. Known as a ‘1031 Exchange,’ founding partner Steve Moskowitz recently discussed how this tax vehicle allows the deferral of capital-gains taxes or, even avoid them entirely.
Read Steve’s full article on the Wall Street Journal by clicking here: View Article.