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Articles Posted in replacement property

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How does a 1031 Exchange Work in Eminent Domain? (I.R.C. § 1033)

As if eminent domain is not bad enough, after you’ve gone through the process, the government wants to tax you on the land it made you sell. Savvy property owners, however, can limit their tax liabilities through the use of a 1031 exchange process. Can a property owner limit the…

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