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To 1031 Like-Kind Exchange… Or Not

To 1031 Like-Kind Exchange… Or Not

by Kenneth Palmen | Oct 15, 2015 | 1031: Did You Know?

What is the purpose of a Like-Kind Exchange?  Can they go wrong and if so, what are the consequences? Businesses and individuals complete Section 1031 Like-Kind Exchanges in order to avoid an immediate normal income and/or capital gains tax payment when replacing or...

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The information and examples on this website are for informational purposes only and are not to be construed as tax or legal advice regarding 1031 Exchanges. Always consult your tax and legal professionals prior to participating in a Section 1031 Like-Kind Exchange.