capital gains question
We have a rental property under contract to sell for a profit of 55k. (44,500 after paying real estate commissions). If we did a 1030 exchange, then did a cash out refi could we retrieve our cash and avoid capital gains tax?
We have a rental property under contract to sell for a profit of 55k. (44,500 after paying real estate commissions). If we did a 1030 exchange, then did a cash out refi could we retrieve our cash and avoid capital gains tax?