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1031 Exchanges

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Lee Schram
  • Real Estate Investor
  • Northbrook, IL
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1031 liquidation

Lee Schram
  • Real Estate Investor
  • Northbrook, IL
Posted Nov 8 2015, 18:05

Hi BP,

Need help with a 1031 question.

On a 1031 election, can you liquidate the proceeds prior to the ending of the 180 day period requirement without penalty?

If so, are there specific situations that allow you to?                                                               

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