RE: LeoThread 2025-08-16 03:50

break on your original capital gain. Your second stage is if you put it into a property in an opportunity zone or a business in an opportunity zone, and you hold onto it for 10 years, when you unload it, you will owe zero capital gains. Okay, so let me see if I got this right. So you do pay some reduced percentage of capital gains tax on the asset that you sold in order to fund the next investment, but when you sell that investment, you don't have to pay capital gains on those returns. Correct. Okay. Let me add one little bit of context here. If you're in the real estate business, there are other tax breaks. One of them is called 1031, where if you sell a building, and you put them all the proceeds of that building into another building, you can delay paying capital gains taxes. But that means if you have a building that's worth $10 million, you sell it for $10 million, you have to put the whole $10 million into another property to delay paying capital gains taxes. The people who wrote (25/40)