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

Posted on 8/4/21 at 12:26 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37846 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.
Posted by dat yat
Chef Pass
Member since Jun 2011
4427 posts
Posted on 8/4/21 at 8:28 pm to
quote:

The definition of Like Kind is VEERRRRYYYY open.


Real estate to real estate is like kind, as long as it is for business or held for investment.
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