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1031 Exchanges Examples - Primary Residence
10 months ago
17
Homeowners have a primary residence with gains of roughly $3 million. They do not want to pay the tax on such a gain, and section 121, the Universal Exclusion only protects $500k...
So what can be done?
Sit down with David Moore of Equity Advantage in our first of many 1031 Exchange Examples! Where David will walk through a series of opportunities and solutions we have to help you. In the transaction above, we were able to defer ALL taxes while still enabling the couple to take advantage of the $500k exclusion they were entitled to. Listen in to hear how!
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