No. of Recommendations: 1
I hope this is the right board to ask this question (if not, I'm sure someone will POLITELY direct me!)

Tax Strategies would be a much better place.
http://boards.fool.com/Messages.asp?mid=21436251&bid=100155

Has there been any important, significant changes in the tax code, that impact this approach?

No.

The most recent change (assuming that the President signs the law in the next few days) is a restriction on using this strategy if the home was acquired in a 1031 exchange.

--Peter
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