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I own a rental and a primary, im selling my rental and trying to avoid capital gains taxes would it be wise to refinane the rental

capital gains taxes, would it be wise to refinance the rental and take money out to payoff the primary for when I sell the rental the profit isn't as big (900,000) compared to (600,000) and how long would I have to wait to sell the rental to avoid any additional taxes if I go this route by leob5335320 from Duncan, South Carolina. Mar 30th 2021 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

We here are mortgage professionals, not tax professionals. Great question for a tax professional.

Mar 30th 2021
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