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
Buying & Selling Real Estate
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 over 4 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Chasity Young
3
Votes |
6
Posts

Can I be the bank to avoid capital gains?

Chasity Young
Posted

If I own a rental property free and clear and want to sell it, I have to pay capital gains on it unless I put it into a 1031 and get a new property. If I were to sell it and carry the note for the buyer, would I then have any tax relief or pay less than I would if I sold it and received proceeds upon sale?

Loading replies...