# @edwardcollins_upleveled on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DB1a8qLtbp8
- **Gondola URL:** https://gondola.cc/posts/35104282-edwardcollins-upleveled-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/2f0cc4751a.jpg
- **Posted:** 2024-11-01T16:02:45.000+00:00
- **Account Owner:** Edward Collins | Money Lawyer & Wealth Strategist (@edwardcollins_upleveled) — https://gondola.cc/edwardcollins_upleveled

## Caption

When it comes to selling property, understanding your capital gains and how to reduce them can make a huge difference. For a primary residence, you may qualify to exclude up to $250K if single or $500K if married. But if it’s an investment property, using depreciation and potentially a 1031 exchange could defer those taxes indefinitely. Each path has its own advantages, so it’s worth knowing which works best for your situation. Which approach would you take?
#CapitalGains #RealEstateTax #GetUpleveld

credit (IG):
Marcus & Helen Ibrahim -@teamibrahimre
SF0521

## Stats

- **Views:** 14,525
- **Likes:** 676
- **Shares:** 0
- **Comments:** 22

## Tags

capitalgains, getupleveld, realestatetax

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