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Updated over 1 year ago on .
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1031 Exchange Question
Does the income you get from rent need to be applied to your new property in a 1031 exchange? Or only profits from the sale of your old property
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Not sure what you are asking... To defer the tax liability of an investment property via a 1031 exchange, you need to transfer your interest another property(ies) of equal or greater value.
@Dave Foster maybe there is a nuance you know about. And, was there another criteria on the value to be exchanged? Thanks.