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Gain deferred - PowerPoint PPT Presentation

1031 exchange all you need to know

IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.

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Gain deferred - PowerPoint PPT Presentation

1031 exchange all you need to know