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721 Exchange

Real Estate Investing

The Mechanics of an UPREIT: A 1031 – 721 Exchange

by Grant Conness | November 14, 2008

Investors who appreciate the tax deferral benefits of a 1031 Exchange or a 1031 Tenant in Common Exchange (TIC) should recognize the tax advantages of a 1031-721 Exchange.
Section 721 of the Internal Revenue Code allows an investor to contribute a property to a REIT, an acronym for Real Estate Investment Trust in exchange for operating [...]

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