What's Hot | Selling
How do I avoid capital gains tax when I sell commercial property?
We do not give tax advice, and you should not take it from anyone who is not qualified to. Options to defer tax exist, and they come with strict rules and timelines.
When this comes up: a sale is on the table and a large gain comes with it.
One option is a 1031 exchange. The decision belongs before a property goes under contract, not after, because the timeline is part of the rules.
Questions for your CPA
- Is a deferral option available on my facts, and what would it require?
- What would my timeline need to look like?
- What would I owe if I do nothing?
General information, not tax advice.
We make sure the sale timeline keeps your options open. Your CPA and, if you pursue an exchange, a qualified intermediary decide the rest, and we will point you to the right specialists.