Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago,

User Stats

7
Posts
2
Votes
Kenny Mercado
2
Votes |
7
Posts

Newbie 1031 question

Kenny Mercado
Posted

Hi. I’m in the middle of my first real estate investment which is a new construction build of a one family home. From what I understand, I can sell the property and reinvest the proceeds into a new property without paying capital gains tax on the sale. To qualify, the new property must be of a similar nature, character, or class as the one being sold.  That being said. Does the new property have to be a new construction on a one family or can it also be a new construction on a multi family? Thanks in advanced!!

Loading replies...