1031 exchange question

[John Morgan]

I did a 1031 exchange a couple years ago. It was simple and seamless. I’m thinking about selling the property I bought with it for zero profit. If I sell this house breaking even (due to all the maintenance expenses I’ve had to put in it), will I still owe taxes on my initial investment I did a 1031 exchange on? In other words, if you make a killing on a property and 1031 exchange it, can you sell the new house you buy with the 1031 and not owe any taxes if you break even off it? Is there a time period for the next house you need to hold it for to not pay any of those taxes you saved by doing a 1031 exchange?