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Updated about 3 years ago,
John ThedfordPoster#5 Wholesaling Contributor
- Real Estate Broker
- Naples, FL
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CPA Responses Please
My local CPA friend HATES 1031 as well as cost segregation. So, what are the downsides to doing a 1031 exchange? Are there any particular don'ts that would have a negative impact later such as borrowing a lot more than the sale (trade) price? TIA