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re: Investment property tax question.

Posted on 3/31/24 at 6:01 pm to
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
48425 posts
Posted on 3/31/24 at 6:01 pm to
Did you execute a 1031 ? Was there an intermediary?If you ever touched the proceeds you have to pay the gains.
Posted by BHTiger
Charleston
Member since Dec 2017
5164 posts
Posted on 4/1/24 at 7:51 am to
No the proceeds went directly into the 2nd property. The proceeds were held in escrow.
This post was edited on 4/1/24 at 8:05 am
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