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1031 Exchanges

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David Schlatter
  • Wayland, IA
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Need help on a 1031 question

David Schlatter
  • Wayland, IA
Posted Jan 27 2015, 21:18
I am looking at selling a business and the equipment with it. I was wondering if we can 1031 this to an apartment complex? The land from this business is not being sold. One tax man is telling me they are not like kind properties. Some more opinions would be great. Thanks this is in the state of Iowa if this matters.

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