Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
1031 Exchanges
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 about 8 years ago on . presented by

User Stats

116
Posts
43
Votes
Eric C.
  • Laguna Niguel, CA
43
Votes |
116
Posts

1031 Boot and Passive Carry Over Loss

Eric C.
  • Laguna Niguel, CA
Posted

Let's say I sell an investment property for $600k (net of commissions and misc fees) and purchase 2 replacement properties for a total of $570k.  This leaves me with a boot of $30k. My passive carry over loss for the $600k property is $30k.  Does this basically zero out my tax liability for the boot?