Income Tax for REI income - reinvest into properties (Texas)

[Adrian Butler]

Yes, great question for my tax accountant. I am working to closing my first REI deal and will not be relying on this property for income purposes. I have scoured the forum for this specific question and do not see it addressed. I intend to roll the net income from the property back into the lien to accelerate the loan payoff. Not being a tax professional, I blindly ask, will I still have to pay income tax on the net profits being reinvested?