Buy something initially for investment, and move in after a few years, tax-free!
Did you know you can move into your investment property after a few years without triggering a tax-bill?
While you must purchase your property solely for investment purposes, knowing your options for the future use of the property is always best, and can give you a great opportunity to use an investment property you own in a location where you’d want to live.
This is subject to specific IRS rules and requirements and needs to be reviewed before you make any purchases.