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re: 1031 Exchange Question
Posted on 12/17/20 at 5:05 pm to HBomb
Posted on 12/17/20 at 5:05 pm to HBomb
"Like Kind property" is left pretty open for interpretation by the qualified intermediaries who facilitate the transaction. As long as each property is income producing, most will be comfortable with the the exchange you described. Reach out to a few and bring a favorable opinion to your CPA who should then sign off on it.
This post was edited on 12/17/20 at 5:07 pm
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