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Updated over 3 years ago,
Selling Stocks in brokerage account to buy real estate
Hello,
I know I need to speak to my accountant for specific advice on this, but looking for opinions. I currently invest in my self directed brokerage account.
I am planning to sell and use the proceeds to purchase a rental property but want to know if I can mitigate my capital gains tax liability. I am looking to sell about $50-$60k in stocks to use as a 20% down payment in the purchase of a duplex.
Thanks!