Avoiding capital gains taxes can be one of the best ways to maximize the return on your investment when selling a vacation home.
As we discussed in Part 2 of this series, there are steps you can take to reduce your tax liability, such as claiming your vacation home as your primary residence. But swapping an investment property for another can also help investors with vacation homes for sale in Kissimmee, Florida avoid taxes on their capital gains.
Work with a Qualified Real Estate Professional
Replacing your vacation home with another property isn’t as straightforward as it might sound. There are rules and regulations you need to follow. For example, you won’t be able to carry out the transaction with any broker or other professional who you have…