Taxes on a break even sale?

[Shireen Y.]

I  sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the 1031 exchange account) to complete the sale. If it matters, the process of evicting squatters for the last 6 months has drained any motivation I had in rehabbing the property and just want to invest out-of-state. I have 3 questions…

- Are there taxes on the sale if I break even? 

- Do I have to do another 1031 exchange on the entire $500k? 

- Can I get the $250k that was the personal exemption back without being taxed? 

[Shireen Y.]

Ok, got it. Thank you all for the responses. Much appreciated!