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Updated over 8 years ago,

Martingale Shark's profile image
Martingale Shark's profile image
Martingale Shark
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since May 10, 2016
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Martingale Shark's profile image
Martingale Shark's profile image
Martingale Shark
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since May 10, 2016
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Martingale Shark
  • Investor
  • Philadelphia, PA
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4
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Tax, SDIRAs & Cost Segregation

1031 Exchange. buying multiple house with proceeds from flip?

Martingale Shark
  • Investor
  • Philadelphia, PA
Posted

in order to waive capital gain tax, i have to using the proceeds from selling my flip house within 180 days to buy another property.

my question is, can I buy 2 or 3, whose total sum exceeds the proceed of the flipped house , in order to get away from capital gain tax?

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