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Updated about 4 years ago,

User Stats

53
Posts
12
Votes
Domingo Cano
  • Rental Property Investor
  • Phoenix, AZ
12
Votes |
53
Posts

Capital gain question

Domingo Cano
  • Rental Property Investor
  • Phoenix, AZ
Posted

Hi guys i have a question for everyone and hopefully someone can help me out about me selling my home. I bought the home in February of 2017 and i rented it out in November of 2019. My tenants are moving out this end of the month and i am selling my home. The question is am i good on keeping all of the capital gains or do i need to prepare for a 1031 exchange? I live in the house for almost 3 years and rented it for a year. Thanks in advance

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