Wife and I purchased what we want to be as our retirement home. We will retire in about 7 years.
Any words of wisdom, any suggestions on how to sell in the future and not have to pay the depreciation tax i claimed. Thanks
Why do you want to sell your retirement home?
We purchased our vacation/weekend/future retirement second home a little over 7 years ago. We were at a stage in our lives where we didn't need to rent it out - we just enjoyed it every weekend, every vacation, and while babysitting our grandchildren every Thursday night and Friday.
We have just sold our primary residence and move into this second home permanently next month.
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