topic If I sell a rental property could I payoff my mortgage on my other rental without paying capital gains tax. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-sell-a-rental-property-could-i-payoff-my-mortgage-on-my-other-rental-without-paying-capital/01/700924#M31060 Thu, 06 Jun 2019 13:19:53 GMT vrandazzo2005 2019-06-06T13:19:53Z If I sell a rental property could I payoff my mortgage on my other rental without paying capital gains tax. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-sell-a-rental-property-could-i-payoff-my-mortgage-on-my-other-rental-without-paying-capital/01/700924#M31060 Thu, 06 Jun 2019 13:19:53 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-sell-a-rental-property-could-i-payoff-my-mortgage-on-my-other-rental-without-paying-capital/01/700924#M31060 vrandazzo2005 2019-06-06T13:19:53Z No, because you are not "exchanging" property #1 for prop... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-because-you-are-not-exchanging-property-1-for-prop/01/700931#M31061 <P>No, because you are not "exchanging" property #1 for property #2.&nbsp; You already own property #2.&nbsp; Therefore your transaction is not a "like-kind exchange" under Section 1031.<BR /></P> Thu, 06 Jun 2019 13:19:54 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-because-you-are-not-exchanging-property-1-for-prop/01/700931#M31061 TomD8 2019-06-06T13:19:54Z