Selling Rental Home in Atlanta, GAI am selling my rental home in Atlanta, GA. I am in 25% tax bracketPurchase price = $215000 in year 2000Mortgage left = $80000Rented from 2009depreciation taken only one year 2012 for $5000remodel cost = $15000commision on sale = $15000Sale price = 275000.I am in a dilemma to whether do a 1031 exchange or just sell it and get the money after paying capital gain taxes and then invest on real estate,stocks and cd.What would my profit be and how much I have to pay capital gainDecember 19 2013 - Atlanta00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.