1031 Exchange - 1031 Exchange states that neither a gain nor a loss is recognized if an investment property or a property use in business production in a trade or business is exchanged for property held for investment or for use in a trade or business. There are numerous types of 1031 exchange methods, these include delayed 1031 exchanges, simultaneous 1031 exchanges, even 1031 reverse exchanges. you should always take professional advice before entering into a 1031 exchange.
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