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re: Capital Gains Tax Question
Posted on 7/6/23 at 2:12 pm to WhiskeyThrottle
Posted on 7/6/23 at 2:12 pm to WhiskeyThrottle
If the aunt wants a set amount, let me know then we can seller finance the rest. Just a thought
0
Posted on 7/6/23 at 3:19 pm to GeauxGriff
quote:
1031 exchange.
This is the answer. Remember that for these purposes all investment real estate is "like kind." You don't have to get back into a lake rental. You can roll your proceeds into a shopping center, apple orchard, or wtf ever.
There are also exchange REITs that relieve you of any active participation in property management.
Lots of ways to keep this investment productive without the headaches of vacation rentals.
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