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

Posted on 8/3/21 at 10:32 am to
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15602 posts
Posted on 8/3/21 at 10:32 am to
Duplex to land? I thought there was some like kind rule
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/3/21 at 10:53 am to
It can be done, as long as it’s an investment property. Though like I asked above, you still I think are on the hook for depreciation recapture since you can’t depreciate land
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37156 posts
Posted on 8/4/21 at 12:26 pm to
quote:

Duplex to land? I thought there was some like kind rule


The definition of Like Kind is VEERRRRYYYY open.
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