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1031 Exchange for A Business?

1031 Exchange for A Business?

Business owners often ask us, and the answer is Yes, a 1031 exchange for a business is possible.  The reason business owners ask if it is possible, is they often want to exchange a business for an investment property. But, they are very rare to pull off for many reasons.  However, the exchange must be like kind, so business assets can not be exchanged for an Industrial property, or any other real property for that matter. Businesses … Read entire article »

Filed under: Business Tips