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Updated almost 7 years ago on . Most recent reply
selling 2 rental properties to purchase unimproved land
I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid capital gains tax?
A build to suit exchange? My combined proceeds from the 2 rental units would be approx. $250,000+, The land purchase would purchased for $260,000.
Thank you,
Mike
Most Popular Reply
Dave,
You are the man! That's what I needed to hear .
Thank you,
Mike
Thank you all for your insight!