Tax Implications of Disposition Alternatives: Personal Residences

  • June 24, 1984
  • • Written by: Byrl N. Boyce J. Warren Higgins

Spring/Summer 1984, Vol 9, No 1

Abstract: Owners of personal residences infrequently enter into transactions to acquire or dispose of real estate, and when they do, it is with a high degree of naivete about the tax implications of their decisions. Those decisions, once made, are often irreversible and their adverse monetary consequences are essential. This article uses examples to explore the tax ramifications of several disposition alternatives.