A 1031 Exchange can prevent you from having to pay a significant amount of tax o…
A 1031 Exchange can prevent you from having to pay a significant amount of tax on capital gains. This distinctive difference of “exchange” often results in the property owner qualifying for tax-deferred capital gains. To put this in more simple terms, selling property is considered taxable income by the IRS while 1031 Exchanges are not. capitalfundinghar…
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