Can you use the 1031 Tax Deferred Exchange Rule for your vacation home? Columnist Gary Gorman explains. He shows you how to document it. Great advice. A 1031 Tax Deferred Exchange allows you to defer capital gains tax when you sell, usually saving thousands and it can be a great leverage vehicle. It's not as hard as you think and just takes a little pre planning now. I've helped many investors use the 1031 Tax Exchange.
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