The primary residence recognizes the gain for tax and excludes it so you get the step-up in basis.

In which case, the note would have to sell for less depending on the rate.Are there any rule of thumbs on recognizing when this type of strategy is suitable?

However, if I buy 5 houses from a bank through their regular process I'd bet someone who is in that section dealing in Fl. properties (doc clerks) will recognize the name if they called.These are points of contact part of the circle of active RE types that you need to walk and talk with.

I have 3 google voice accounts (1 # /account) and when a saved contact from my personal account calls me my phone won't recognize it for voicemails or if they call my GV #.

I have already had issues with the login process not recognizing the password, customer service couldn't figure out why either.

In 2005-2006 there was plenty of time to recognize that things were extremely bubble-like.

I've learned this to create an annual inspection with someone that can recognize and help me forecast some of the repairs that need to happen now and those I need to start stalking away for in the near future.

Everyone needs to recognize that.

If you run into this you must complete a form 8606 when doing taxes or else the IRS will not recognize that it isn't taxable.

States though seem to be recognizing more and more the structure of the 1031 process and offer exemptions for transfers just like this in a reverse exchange.