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Updated 11 months ago,

User Stats

11
Posts
4
Votes
Aline Elad
4
Votes |
11
Posts

Capital gain taxes from Investment account

Aline Elad
Posted

Hi All,

Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year? What if I leave some in the deal, can I use 1031 in this case? I feel like I can't because those are apples and oranges but just thought I'd ask.

Truly appreciate everyone's help on support as always!

Aline

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