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18
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3
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Gustave Stroes
  • Contractor
  • Paso Robles, CA
3
Votes |
18
Posts

Selling a 1031 Property - When is the tax paid?

Gustave Stroes
  • Contractor
  • Paso Robles, CA
Posted

Hello,

When you sell a house that was purchased as part of a 1031 exchange you are obliged to pay the capital gains tax.

Is this taken out through escrow or is it paid as part of your taxes the following April?

Thank you,

Gustave

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