1031 Exhange: Holding periods
I have a question about qualifying rules for 1031 exchanges.
Let’s pretend:
I make a $100,000 profit from a property that was held less than one year. Can I then take that $100,000 and invest it using a 1031 exchange?
I have a question about qualifying rules for 1031 exchanges.
Let’s pretend:
I make a $100,000 profit from a property that was held less than one year. Can I then take that $100,000 and invest it using a 1031 exchange?
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