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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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1031 Exchanges
HomeForums1031 ExchangesDefer Capital Gains without 1031 exchange?
Tony Reynolds's profile image
Tony Reynolds's profile image
Tony Reynolds
Pro Member
  • Rental Property Investor
  • from Atascadero, CA
  • Member since Aug 3, 2008
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Tony Reynolds's profile image
Tony Reynolds's profile image
Tony Reynolds
Pro Member
  • Rental Property Investor
  • from Atascadero, CA
  • Member since Aug 3, 2008
Connect
Tony Reynolds
Pro Member
  • Rental Property Investor
  • Atascadero, CA
1
Votes |
9
Posts
1031 Exchanges

Defer Capital Gains without 1031 exchange?

Tony Reynolds
Pro Member
  • Rental Property Investor
  • Atascadero, CA
Posted May 24 2015, 22:40

I am closing escrow next week on the sale of a rental property that I have owned for several years: can I avoid capital gains by reinvesting locally (Ca.) or did I blow it by not going 1031?

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