Energy credit, can it be used for a second home and not the primary residence?
Defer Capital Gains Taxes WITH or WITHOUT a 1031 Exchange
Energy credit, can it be used for a second home and not the primary residence?
Question ID: 6603957 Status:
Open Apr 17, 2025 - 12:57 PM
1answer
Answer
Apr 17, 2025 - 12:57 PM
Tax credits can work with most of your types of tax bills. So if you're selling a second home and it does not qualify for an exchange, absolutely. And if you have multiple other investment properties, then complex trust might make sense because it would cover all of those properties.
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