Eleonora
Fri Aug 09 2024
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5 answers
1147
What is a deferred 1031 exchange?
Could you please elaborate on what a deferred 1031 exchange entails? As an investor, I'm intrigued by the potential tax benefits it offers but would like a clearer understanding of the process. Specifically, how does it differ from a regular exchange, and what are the key steps and requirements involved in executing a successful deferred 1031 exchange? I'm particularly interested in understanding the role of a qualified intermediary and the timing aspects of the transaction.
