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1031 Exchanges

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Julian Dozortcev
  • Morganville, NJ
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is this considered a 1031 exchange

Julian Dozortcev
  • Morganville, NJ
Posted Nov 23 2016, 19:52

Hello All,

If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 exchange 

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