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Updated over 6 years ago on . Most recent reply

Etan Frankel's profile image
Etan Frankel's profile image
Etan Frankel
  • from Los Angeles, California
  • Member since Feb 7, 2018
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Etan Frankel's profile image
Etan Frankel's profile image
Etan Frankel
  • from Los Angeles, California
  • Member since Feb 7, 2018
Connect
Etan Frankel
  • Los Angeles, CA
0
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24
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Buying & Selling Real Estate

Selling Property Bought through FHA loan

Etan Frankel
  • Los Angeles, CA
Posted

If I sell an apt building I bought using a FHA loan, can I use the original investment and capital gains (I believe it would be tax free for the first $500K since I'm married) to buy a primary residence (1031 exchange), or do I have to reinvest it in a commercial property?

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