If you have automatic upload to Photo Stream turned on in iPhoto, your photos will then be uploaded to Photo Stream after import. All in all, I can take a photo on my Galaxy Nexus and within 30 seconds or so, that same photo is on my iPad and the rest of my iCloud connected devices -- all without me doing a thing.
4. 1031 exchange. If you sell rental or investment property, you can avoid capital gains and depreciation recapture taxes by rolling the proceeds of your sale into a similar type of investment within 180 days. This like-kind exchange is called a 1031 exchange after the relevant section of the tax code.
Under this exclusion, a substantial amount of the profit you make on the sale of your home is not taxable: up to $250,000 of the profit for single taxpayers and $500,000 for married taxpayers filing jointly. You qualify for the exclusion if you lived in your home for at least two out of five years before you sell it.xample: Carmen bought a $200,000 home six years ago and used one of her bedrooms as her home office. She sold her home this year for $300,000, realizing a $100,000 gain (profit). Her depreciation deductions for her home office for the last six years totaled $2,000. She must pay a tax of 25% of $2,000, or $500.