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Common 1031 exchange questions answered

Feb 14, 2005
The past several years a growing portion of U.S. ranch transactions have been done utilizing Section 1031 language in the U.S. tax code. Several sources have indicated that nationally between 35-45 percent of ranch purchases have been done via Section 1031 Exchange rules, and several brokers and Realtors have indicated they think that trend could grow even more, perhaps above 50 percent over the next few years. In a typical transaction, the property owner is taxed on any...

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