This whole Star Wars revival seems to hold no bounds. The mediocre recent installments of the series only fueled a warm nostalgia for the original manifest
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The properties involved don’t have to be of the same kind. For instance, you can exchange a townhouse building with a bare piece of land. - In basic terms, a 1031 tax exchange is a process that allows you to swap one investment property for another. Once your exchange meets the 1031 requirements, there will be no capital gains on the investment. Of course with the IRS, there are guidelines. Click to learn inside information for real estate investors.