‘I’m running out of time’: I sold my $300,000 rental property at a $75,000 loss. Should I buy another one to avoid taxes?

A property owner sold a rental property for $75,000 less than its purchase price and is considering buying another rental property, according to a personal finance inquiry. The person stated their accountant had not yet responded to their question about tax implications of the sale. No additional verifiable details about the transaction, timeline, or outcome were provided.

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