amelia_miller_designer
Mon Aug 05 2024
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5 answers
959
Can a 1031 exchange be used to downsize an investment?
Good day, I was wondering if I could seek your expert opinion on a matter related to real estate investments. Specifically, I'm interested in understanding if the 1031 exchange rule, often employed for tax-deferred asset swaps, can be Leveraged in a scenario where an investor seeks to downsize their investment portfolio. Could you elaborate on the feasibility of such an approach, highlighting any potential limitations or considerations that should be taken into account? I'm eager to learn more about how this mechanism could potentially be applied to streamline and optimize my investment holdings.
