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Updated over 2 years ago,

User Stats

75
Posts
29
Votes
John Kaspar
  • Homeowner
  • Abington, MA
29
Votes |
75
Posts

1031 on a primary residence/rental 2 family

John Kaspar
  • Homeowner
  • Abington, MA
Posted

I currently have a 2 family that I rent half out. I purchased it for 400 expecting to sell it for 600. When I sell, how would capital gains work out? Would it be half of the property due to it being half an investment? Or 100% due to it being my property. Also, I did some digging and certain people articles had to be worth more than the previous property and one said it had to just utilize all of the capital I just accrued.

I feel like this is worded awkwardly.

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