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Friday, February 5, 2016
All About The 1031 Tax Exchanges!
1031 tax exchanges can benefit business investors.
While the 1031 tax exchange is often used, many people don’t understand
how it works and don’t attempt to use it. The 1031 tax exchange is
actually a simple code and can be very helpful as long as it is followed
properly. What Is The 1031 Tax Exchange? The 1031 tax exchange allows for the exchange of certain types of property. By doing so, the investor can defer the recognition of capital gains or losses due upon sale.
This also means the investor can defer any taxes due on capital gains
obtained during the exchange or from the sale. As with any tax
deferment, you need to follow the rules and make sure everything is done legally.http://www.realestateresource.tv
Today's New Listings!
34645 Willow Creek Pl, Willoughby - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...
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7249 Button Rd, Concord - $399,900 7768 Jo Ann Dr, Concord - $499,900 34403 Iris Ln, Eastlake - $249,900 SL 109 Bedaos, Mentor - $408...
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34645 Willow Creek Pl, Willoughby - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...
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8100 Forestdale Dr, Kirtland - $395,000 1570 Slick Rock Dr, Painesville Township - $375,000 7670 King Memorial Rd, Mentor - $350,000 1...