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05-02-2017 09:29 AM Mike295

i mean if you have a buyer already then id move it just to avoid the headach

05-02-2017 09:29 AM Mike295

right. thats the thing

05-02-2017 09:29 AM IrocRob

Great if you can carry the costs of two houses, but I can't.

05-02-2017 09:27 AM Mike295

If he changes his "faux" sells the house lives in now to the company he makes then, changes his residence to the blairstown house, when he sells the blairstown house he gets to keep all the profit. He just then changes his residence back to the house he lives in now. And he "buys" it back fron the company.

05-02-2017 09:27 AM IrocRob

You can avoid capital gains just by living in the house for two years.

05-02-2017 09:27 AM ronaldo9

i see

05-02-2017 09:26 AM Mike295

like changing residences from one place to anyther you dont get banged. but if its a second residence or a flipper you get banged hard

05-02-2017 09:25 AM Mike295

If you are moving to anoyher house and even if you made a real profit you wont get banged on it.

05-02-2017 09:25 AM Mike295

Its alot of paper work and all but its much better then getting banged on the profit.

05-02-2017 09:25 AM Mike295

Of course you can.

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