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Deferring not Avoiding Tax with a 1031 Exchange
1031 Exchanges allow for the deferral of capital gains, depreciation recapture, and net investment income tax in qualifying real estate transactions. The deferred taxes come due at the time the Exchanger sells their property without a 1031 Exchange; however, should the Exchanger pass away the tax would be deferred indefinitely. Learn more in this short video.
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