Updated almost 6 years ago on .
Most recent reply
presented by

Can you do a1031 exchange on a flip?
I am new to this and have heard of the 1031 being used to avoid paying taxes!
Can you put profits from a flip, (which is usually considered capital gains), into a 1031 to avoid taxes?
Essentially this question doesn’t make sense, because the idea of flipping is for short term money now, etc, however I am asking if I can 1031 into a primary residence, thereby skipping tax season!?
Lol
Most Popular Reply

Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
- CPA, CFP®, PFS
- Florida
- 3,326
- Votes |
- 4,217
- Posts
You can’t do 1031 on flips.
Even if it was in non flips (investment), you cant do 1031 to primary.
- Ashish Acharya
- [email protected]
- 941-914-7779

INVESTOR FRIENDLY CPA®
217 Reviews
5.0 stars