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Updated 1 day ago,

Dallas Smith's profile image
Dallas Smith's profile image
Dallas Smith
  • Rental Property Investor
  • from Baton Rouge, LA
  • Member since Nov 27, 2020
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2
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Dallas Smith's profile image
Dallas Smith's profile image
Dallas Smith
  • Rental Property Investor
  • from Baton Rouge, LA
  • Member since Nov 27, 2020
Connect
Dallas Smith
  • Rental Property Investor
  • Baton Rouge, LA
2
Votes |
2
Posts
Innovative Strategies

Selling 2 properties

Dallas Smith
  • Rental Property Investor
  • Baton Rouge, LA
Posted

In Louisiana, looking to sell 2 properties. 1 is my investment property that is a llc. The other is my primary residence. The goal is buy land to invest in a business. Is a 1031 exchange the only route to avoid capital gains? If so, am I allowed to live on the property within the first 2 years of ownership?

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