Sec. 1031 like-kind exchanges enable tax deferral in complex real estate deals, including multi-property, reverse, and ...
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What Is a 1031 Exchange? Know the Rules
Essentially, a 1031 exchange can pass the tax liability onto the heirs. You must notify the IRS of the 1031 exchange by compiling and submitting Form 8824 with your tax return in the year when the ...
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