‘We live 5 minutes from our in-laws who have a larger home’: I want to swap houses. Would that come with any tax implications?
I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We live five minutes from our in-laws who have a larger home (around 2,250 square feet) that they … Read more