1031

1031 Exchange on a Vacation Rental I have a vacation home in Florida that if sold, would incur a significant gain.  The property is regularly rented (140 nights a year) and generates 115K/yr. My problem is that my family uses the house about 50 nights a year – which is my concern.  Usage is mostly in the…

First time 1031 exchange Sorry, This is a long one! So my husband and I have an S corp (general contractor) that had to file a lien on a customers project for non payment. Construction stopped after 3 months of no payment and we were only half finished with the project. The owners said they…