Selling an investment property and do not want to see all of the proceeds go to the IRS? This is a great introductory article for the power of a 1031 Exchange.
With 1031 exchanges, the investor has the potential for financial growth greater than an investor receives by simply buying and selling. He or she has the potential of saving between 15% and 30% or more in taxes because of the ability to defer tax obligations to a later date.
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