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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 »

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