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1031 Exchanges
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Updated 8 months ago on . Most recent reply
Expenses that can be used in a 1031
The property we have has some repair work that needs to be done before we are selling it out as a 1031. What kind of expenses can be claimed back from the sale proceeds? (Eg Travelling cost, cost to repair (labor, materials). And if not, where should they be deducted? I would think these are considered operational expense but with a 1031 I’m just not sure. Any hints?