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Updated 8 months ago on . Most recent reply

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Daryn Dockter
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How to permanently avoid capital gains tax with 1031 Exchange

Daryn Dockter
Posted

A 1031 Exchange only defers the capital gains tax. The capital gains just go into the next property, they don’t go away permanently. My understanding is the only way to truly avoid capital gains tax is to pass on the property to a beneficiary through a trust. But I don’t want to pass anything on. So is there any way for me to eventually sell and avoid the capital gains tax? 

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