Buying & Selling Real Estate Discussion

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Spencer Howe
  • Rental Property Investor
  • Riverside
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18
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1031 capital gains on investment property

Spencer Howe
  • Rental Property Investor
  • Riverside
Posted Jan 25 2022, 10:13

We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me loaning 375k for a day? House is making a profit on sale

Thanks!

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