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Using capital gains to start a business?

Personal Finance & Money Asked on July 3, 2021

Lets say I make 100k profit in selling some stocks. Can I use that 100k to start a Business without paying Capitol gains? The Business would be used to buy and sell properties. Maybe a bar.

One Answer

No.

Purchasing (specific types) of real estate with the proceeds of the sale of (that same type of) real estate is the only way to not pay capital gains on otherwise taxable property.

Answered by RonJohn on July 3, 2021

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