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1031 Exchanges: 10 Things to Know

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1031 Exchanges: 10 Things to Know

So, what is 1031? Broadly stated, a 1031 exchange (also called a like-kind exchange or a Starker) is a swap of one investment property for another. Special rules apply when depreciable property is exchanged in a 1031. Such complications are why you need professional help when you’re doing a 1031. Here are 10 things you should know.

 

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Uploaded on June 21, 2018