Can I avoid long term gain property taxes?June 6, 2017Q & A Forum › Category: Income Tax › Can I avoid long term gain property taxes? 0 Vote Up Vote Down usha mutt asked 3 years ago Can one avoid long term property gains tax by investing in bonds? Question Tags: avoid long term gain property taxes 1 Answers 0 Vote Up Vote Down basunivesh Staff answered 3 years ago Yes, by investing in Capital Gain Bonds you can avoid the LTCG on Property. You have to invest under Sec.54EC of IT Act. Read the conditions before jumping into investment.