Tuesday, July 28, 2015

Real estate investors wary of tax changes Say limiting Section 1031 would slow down sector

&#8220What is your favorite section of the Internal Revenue Code?&#8221 It's an odd question for most people, but not for many real estate investors and professionals. Without hesitation, they would point to Section 1031, which enables someone to sell a property and defer taxes on capital gains if the proceeds are used to buy another like-kind. . .

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