what happens when 1031 is not done on an investment exchange?
- posted
7 years ago
investment exchange
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- posted
7 years ago
If Section 1031 isn't complied with, any income on the sale of a property will be taxed, whether or not that money goes into a new property.
Stu
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7 years ago
"Donna Wolf" wrote in message news: snipped-for-privacy@googlegroups.com... what happens when 1031 is not done on an investment exchange? ===========The sale is recognized.