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1031 exchange a capital gains question.
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lendaddy
Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,867
Quote:
Originally posted by motion
To encourage re-investment, which is the whole point of a 1031 exchange to begin with.
So if I can't just reinvest the profit, I have to go whole boat for the amount of the sale?
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