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Deeding Method to Use in 1031 Tax Deferred Exchanges
In this article, I'd like to define two real estate terms—direct deeding and
sequential deeding—and show the best form to use with 1031 Tax Deferred
Exchanges.If you're not familiar with the "1031," this law allows the
exchange of investment or business property for other investment or business
property, without paying tax (it's deferred) if the property received is
"like kind."
As you'll see below, direct deeding is the better choice in this
situation, but it's important to understand the difference between the two
options so you're armed with full knowledge when you enter into a 1031
Exchange.read remaining article here |
