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Updated almost 3 years ago,
1031 or REIT Holding Options for selling LTR and Protecting Gains
I am looking into options for selling one of my properties. It is a quadplex that has appreciated well and looking to leverage into a larger property.
I am curious if there is a way to sell the property and place the profit into a essentially delayed 1031 to be used to purchase another property and avoid Capital Gains Tax.
Anyone know of anything? Can I roll it into a Construction Loan, temporary trust, etc?
Need your creative brain power. Thanks in advance!