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re: Can I avoid capital gains on the sale of my rental property?

Posted on 8/2/21 at 6:14 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/2/21 at 6:14 pm to
Hang onto it until you want to buy again. What kind of gains are you looking at?
Posted by Seaux_cal_tiger
Member since Sep 2016
394 posts
Posted on 8/3/21 at 8:34 am to
quote:

 Hang onto it until you want to buy again. What kind of gains are you looking at?


Bought it for 122k, selling it for 240.

I want to sell now bc I want to take advantage of the hot real estate market and the increase in value.
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