Buying & Selling Real Estate
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 about 11 years ago,

Selling properties to convert to stock investments. How can i avoid capital gain taxes.
Hi,
I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.
I will be relocating for work in 1-2 years out of state. I want to sell these properties off and reinvest the proceeds into some combination of stock/bond/mutual funds etc.
I own the properties out right (no mortgages) I would like to sell these without paying massive capital gains taxes. Is there anything like a 1031 exchange, where I take my capital gains and immediately reinvest them without paying taxes?
Thanks for your help,
Jeremy C.