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Old 06-23-2013, 11:17 AM   #1
twinsouvenirs
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Join Date: Jun 2013
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DVC: a like kind exchange with a real estate sale?

So we will be paying for DVC out of the proceeds of the sale of our condo. We will be making a little bit of money on the sale so ideally the DVC expense can offset the capital gains tax we might otherwise pay through like-kind exchange... but we're not sure if this will be the case. Any idea? Has anyone done this? (i.e. we are selling condo for, say, a 15k profit... can we offset 15k of the DVC purchase price?)
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