Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 5273

Personal Investments • Sell Rental Property to use proceeds into a REIT

$
0
0
This question is for a more real estate (specifically IRS rules) savvy person than I. Could the OP sell the condo and buy an appropriate REIT via a 1031 exchange?

Deferring the capital gains would probably have an impact on their decision.
No, REITs aren't like property to direct real estate ownership - they are a form of personal property not real property.

Statistics: Posted by avalpert1 — Mon Sep 16, 2024 7:26 pm — Replies 7 — Views 424



Viewing all articles
Browse latest Browse all 5273

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>