Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

1
Posts
0
Votes
Connor Allan
  • Financial Advisor
  • Buffalo, NY
0
Votes |
1
Posts

Can I do a 1031 exchange?

Connor Allan
  • Financial Advisor
  • Buffalo, NY
Posted

Currently have 1 rental property in my portfolio for about a year now and recently received an offer. If I accept the offer, my plan is to use some of the proceeds to pay off student debt (which will incur a capital gains tax). The remaining proceeds I would like the invest in 1-2 rental properties and was wondering if I can do a 1031 exchange and avoid paying capital gains taxes. Thanks in advance for the feedback.

Loading replies...