Giulia
Fri Aug 09 2024
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7 answers
1335
What are the legal requirements for a 1031 exchange?
I'm curious to know, what are the essential legal requirements that must be met in order to successfully carry out a 1031 exchange? I've heard that it's a way to defer capital gains taxes, but I'm not sure what the specific rules and conditions are. Could you provide an overview of the key legal aspects that need to be considered and adhered to in order to ensure compliance and avoid any potential pitfalls or legal consequences?
