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re: Would I pay capital gains if selling raw land to buy a home?
Posted on 8/14/23 at 4:20 pm to DownSouthDave
Posted on 8/14/23 at 4:20 pm to DownSouthDave
Raw Land? yes. Primary residence? No. 1031 has to be investment properties.
1
Posted on 8/14/23 at 4:25 pm to TTownTiger
Thanks.
ETA: Any other way to easily reduce cg? Probably a question for my CPA? Just considering it right now, curious what my options are.
ETA: Any other way to easily reduce cg? Probably a question for my CPA? Just considering it right now, curious what my options are.
This post was edited on 8/14/23 at 4:27 pm
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