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How can I avoid paying capital gains tax on sell of rental property without purchasing another property?
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posted
June 4, 2019
4:31 PM
last updated
June 04, 2019
4:31 PM


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How can I avoid paying capital gains tax on sell of rental property without purchasing another property?
Sell it for less, or do a bunch of improvements to it before selling it to increase your basis.
You still have the prior depreciation to recapture and pay taxes on, so don't forget to include that in the income you will be taxed on when you report the sale on your tax return.
You still have the prior depreciation to recapture and pay taxes on, so don't forget to include that in the income you will be taxed on when you report the sale on your tax return.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
June 4, 2019
4:31 PM
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