Day: May 14, 2024

1031 Exchange and Tenancy-in-Common: Seeking the Right Advisor to Achieve TIC Investment Objectives

A lengthy-hooked up segment in the federal tax code, section 1031, lets in actual estate investors to sell belongings that has been held for funding purposes and defer capital profits and depreciation recapture taxes if they accumulate "like-kind" exchange assets of identical or more price and reinvest all in their fairness. Since the mid-Nineteen Nineties, …

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