This would normally be taxable but when your accountant files your return they will match the gain up with your eligibility for the 121 exclusion so the boot becomes tax free.There's also one more huge positive that you may not have thought of - Once you've completed this process, if the replacement property you purchased happened to be a kicking beautiful property you might decide at some point down the road to convert that investment property into your primary residence!!! 

Chris MillerFind a local beauty school and mention that you have a salon for sale to the owner.

I have a beautiful wife named LeAnn and 3 grown daughters.

We had the same problem with a beautiful SFH but thankfully they only smoked in the enclosed living room.

The beauty of technology is that you can have everything a customer needs online to view which eliminates needed employees. 

There's no one-size-fits-all approach to investing (in anything): beauty is in the eye of the beholder.

I'm thinking of purchasing a single family home in Pittsburgh(Bloomfield or Garfield) and convert it to a Duplex to house hack wit my girlfriend with an FHA or 203K loanA few questions regarding that: Any Yinzers have any experience around converting a single family home to duplex/triplex in the city?

While everyone jokingly kept telling us that “we had our work cut out for us,” I was confident in our ability to turn this from a diamond in the rough into a beautiful home.

However, I've been visiting SLC at least once a year for the past several years to enjoy the beautiful slopes and have started to explore the investing opportunities here.

I have a beautiful new home, am debt free, and still "play" in real estate.