1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Question from seller
I have a seller who wants to know if we could roll the equity from the sale of his rental into another rental that he owns without paying capital gains. I'm not sure how or if a 1031 could apply in this situation, can anyone give me some insight? Does he have to use it for a new purchase?
Most Popular Reply
Dave Foster
#1 1031 Exchanges Contributor
Tax & Financial Services
Pro Member
#1 1031 Exchanges Contributor
- Qualified Intermediary for 1031 Exchanges
- St. Petersburg, FL
- 9,354
- Votes |
- 8,982
- Posts
Dave Foster
#1 1031 Exchanges Contributor
Tax & Financial Services
Pro Member
#1 1031 Exchanges Contributor
- Qualified Intermediary for 1031 Exchanges
- St. Petersburg, FL
@Robert Lorenz, yep. Refi is not a taxable event. The sale side is if it's time to change asset either type or location.
- Dave Foster
The 1031 Investor
94 Reviews
5.0 stars