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Updated about 8 years ago,
Flipping tax options
For almost 3 years I've been purchasing buying and holding rentals. I've recently decided I want to flip some homes to escalate my ability to purchase more rentals.
The question I have is, if I haven't identified properties to do a 1031 Exchange is there a way for me to avoid capital gains tax? Or are there any other options?
Thanks for the help!