InfinityEcho
Thu Aug 08 2024
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6 answers
1456
What is a recaptured amount in a 1031 exchange?
Can you please clarify what a recaptured amount is in the context of a 1031 exchange? I understand that a 1031 exchange allows an investor to defer paying taxes on the gain from the sale of a property if they use the proceeds to purchase a like-kind property within a certain time frame. But what specifically is a recaptured amount, and how does it relate to the tax implications of a 1031 exchange?
