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Questions tagged [international citizen]

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SolitudeEcho SolitudeEcho Thu Aug 08 2024 | 7 answers 1255

Can an International Citizen Exchange a 1031?

Hello there, I'm curious about a specific aspect of cryptocurrency taxation. Can an international citizen engage in a 1031 exchange, a common tax deferral strategy used in real estate transactions within the United States? If so, what are the specific requirements and considerations for such an exchange, especially given the unique nature of cryptocurrency and its international reach? I'd appreciate any clarification or insight you can provide on this matter.

Can an International Citizen Exchange a 1031?

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