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1031 Exchanges

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Kevin Lewis
  • CEO
  • Trenton, NJ
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Avoiding capital gains tax

Kevin Lewis
  • CEO
  • Trenton, NJ
Posted Nov 22 2015, 03:20

I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?

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