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Frequently Asked Questions
What Is 1031 Exchange?
A 1031 exchange is a method for deferring capital gains tax on a real estate transaction.
How Can I Qualify To Defer My Taxes When I Sell My Property?
Any investor can qualify! Section 1031 of the IRS code lets you sell your property and buy a new property and deferring the payment of taxes owed. You simply follow specific rules. A …
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Can I Get Legal Or Tax Advice From An Intermediary?
No, the IRS doesn't allow a person to act as both your qualified intermediary and your attorney or tax advisor. So work with your attorney and CPA to make sure your tax free exchange goes smoothly.
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What is a 1031 Exchange?
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