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Updated over 3 years ago on . Most recent reply

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Griff Hughes
5
Votes |
5
Posts

1031 Exchange - Can you pull out your initial investment?

Griff Hughes
Posted

Example case:

Apartment Complex purchased 10 years ago
Purchase price was $50,000
Going to sell it for $150,000 and do a 1031 exchange into another property

Question - can I pull out my initial $50,000 investment tax free?

Thanks.

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