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Real Estate Agent - Windermere Exclusive Properties
1031 Exchanges, Real estate investment property, beach homes, carlsbad coastal
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Generally, if you exchange business or investment property solely for business or investment property of a like-kind, no gain or loss is recognized under Internal Revenue Code Section 1031. If, as part of the exchange, you also receive other (not like-kind) property or money, gain is recognized t...
08/28/2008
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1031 Exchanges, Real estate investment property, beach homes, carlsbad coastal