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
General Real Estate Investing
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 4 days ago on . Most recent reply

User Stats

78
Posts
28
Votes
Andy C.
  • San Mateo, CA
28
Votes |
78
Posts

Sell Investment Properties for Bitcoin - Strategies, tips?

Andy C.
  • San Mateo, CA
Posted

Hi BP, 

currently, I own two multifamilybuildings, that have both appreciated and performed well over the past few years. I've gained benefit of depreciation, tax deductions, write downs. 

Now, I'm strongly considering selling them and moving them into Bitcoin / BTC, which in my opinion has had and will have far superior returns. 

My question - - has anyone in this community done this through any strategies, such as 1031 or reverse 1031 or any other vehicles that reduce taxes or limit taxes. The other option would just be to sell the property, pay the taxes and buy the BTC

I'm open to any thoughts, ideas, strategies any tips. Thanks in advance 🙏

And 

Most Popular Reply

User Stats

165
Posts
75
Votes
Mario B.
  • Investor
  • CT
75
Votes |
165
Posts
Mario B.
  • Investor
  • CT
Replied

I wouldn't. Just take the revenue from the multi families and reinvest into BTC.

Loading replies...