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Updated about 5 years ago,
1031 exchange selling property closing costs
I own 3 rental properties and am doing a1031 exchange on one. What closing costs can i deduct from this exchange? I want to keep accumulating carry over losses but am having trouble finding information about this.
everything i read about is what i can deduct when i purchase an investment property, not what i can deduct when selling.
is there nothing i can deduct from selling since i won't open that property anymore even though i have other rentals and try to pool all the losses together?
thank you