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 6 years ago,
Partial 1031 exchange
I have a property with a $223,000 mortgage. I want to sell it for $340,000 and buy out half of another property (I currently own the other half already) for $190,000. I will have to get a $100,000 mortgage on this new purchase. My question is what will my boot be? and will this save me on taxes?