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re: Capital gains questions

Posted on 4/11/24 at 10:05 pm to
Posted by soupboy10
Member since Feb 2016
72 posts
Posted on 4/11/24 at 10:05 pm to
I am not an expert in these things but you could do a 1031 exchange into another investment property and not pay capital gains just a thought.
Posted by Motownsix
Boise
Member since Oct 2022
1982 posts
Posted on 4/12/24 at 8:57 am to
quote:

am not an expert in these things but you could do a 1031 exchange into another investment property and not pay capital gains just a thought.


When I was in a similar position I did a 1031 exchange. I rolled the one property into two properties. Over the years I’ve sold revenue producing rentals just because their value increased to a point where I had to sell it to realize the gain.
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