Then I sell my three Massachusetts condos, using a Starker delayed exchange and a third-party intermediary like you explained. After renting out my newly acquired property for a few years, suppose I decide to move into it as my residence. Elinor W. A. No. Moving into your former rental property is not a taxable event because there is no sale. If you live the rest of your life in that property, the tax deferred from the sales of your three Massachusetts condos never gets taxed.
Death is the ultimate real estate tax shelter of all.
However, title to the replacement property must be held by a third-party intermediary until you sell the old rental property. But it is important we maximize our profits because we are retired and our house is our only major asset. We own it free and clear. I read several ''how to sell a home'' books you recommended. So far, no inquiries.