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1031 Exchanges
Account Closed
  • Real Estate Investor
  • Novi, MI
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Question about depreciation.

Account Closed
  • Real Estate Investor
  • Novi, MI
Posted Mar 15 2013, 09:57

When you sell a property and do a 1031 exchange to defer the capital gains, does the new property you buy restart the entire 27.5 year cycle all over again?

I know the capital gains follows you but can you continue to take depreciation with every property that you exchange for?

Thanks BP!

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