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Updated over 6 years ago,
After Tax Equity X 4
Hey all,
I used a 1031 exchange calculator and after punching in the numbers the result was an after tax equity x 4 of $896,000. What does this value mean? Does it mean I have to buy a home at $896,000 to defer my taxes in a 1031 exchange or is it $224,000.
Thanks
Yooch