Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Ngozi Iwunze's profile image
Ngozi Iwunze's profile image
Ngozi Iwunze
  • Member since Jan 10, 2023

User Stats

16
Posts
3
Votes
Ngozi Iwunze's profile image
Ngozi Iwunze's profile image
Ngozi Iwunze
  • Member since Jan 10, 2023
Ngozi Iwunze
3
Votes |
16
Posts
Tax, SDIRAs & Cost Segregation

TAX flipping to renting

Ngozi Iwunze
Posted

Taxes

I'm flipping a house, hoping to sell it and buy a triplex for rental purpose. Is there a way to avoid capital gain taxes. Im thinking of pushing my 2024 tax deduction to 2025 as a way to reduce it a bit.

1 Vote
Follow
9 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Bill Hampton's profile image
Bill Hampton's profile image
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • from Atlanta, GA
  • Member since Nov 14, 2012

User Stats

2,554
Posts
974
Votes
Bill Hampton's profile image
Bill Hampton's profile image
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • from Atlanta, GA
  • Member since Nov 14, 2012
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • Atlanta, GA
974
Votes |
2,554
Posts
Bill Hampton
  • Accredited Investment Fiduciary (AIF®), Financial Planner, Tax Strategist, Real Estate Investor
  • Atlanta, GA
Replied

@Ngozi Iwunze

One way to avoid capital gains is to turn the flip into a rental after the rehab and then do a 1031 exchange into a more expensive property. 

  • Bill Hampton
  • 404-482-3170
business profile image
Hampton Tax and Financial Services, LLC.
4.7 stars
106 Reviews

Contact us

By clicking send, you affirm you have read and agree to the BiggerPockets Terms, acknowledge the BiggerPockets Privacy Policy, and you agree BiggerPockets and its network of professionals may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to the number or email your provide regarding your real estate needs. You also agree BiggerPockets and its affiliates may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to you regarding offers and other content that may interest you. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. You can unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available) in one of our messages.

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...