Comments for Advanta IRA Trust - Real Estate IRAs

Comment on Futures and Forex in a Self-Directed IRA by Austin Investment

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Comment on Thinking About Converting Your 1031 Property to a Primary Home? Make Sure You Understand the New Rules! by Cheap Appliances

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Comment on Yes, You Can Now Convert a 401k to a Roth 401k by Pension Transfer To Ira

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Comment on Are you locked in your 401k? by 401k Record Retention: What Should I Keep And For How Long?

401k Record Retention: What Should I Keep And For How Long? — Fri, 16 Sep 2011 16:27:28 +0000

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Comment on Can I Move Into My 1031 Exchange Property? by admin

admin — Wed, 03 Aug 2011 13:00:25 +0000

Hello,
The key is to treat the exchange property that you acquire as an investment for as long as you can. Shoot for AT LEAST 2 years before converting the property to your primary residence. The objective is to show that your initial intent with the property is to treat it as an investment property, so the longer you hold it as such, the better. Every situation is different, and you should always consult your tax advisor on these matters before making any decisions.

Comment on Can I Move Into My 1031 Exchange Property? by free foreclosure information

free foreclosure information — Wed, 03 Aug 2011 05:31:02 +0000

I’m planning on doing a 1031 exchange and may want to then convert the new property into my primary residence. How long must I rent the property before making it my primary residence in order to retain the tax benefits of the 1031 exchange?

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