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Updated almost 5 years ago on . Most recent reply
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Capital Gains into another Property
Hello BP family, my very first post and interaction on here. I hope this works, this is actually for my brother, he is looking to sell a rental property and wants to avoid paying capital gains. Does he have to use those profits into a new Investment property, or could he use part of into an existing property to gain a little more equity into it. We are also in Houston TX, not sure if it differs per state.