1031 property

Do you have a backup plan for your 1031 Exchange

Do you have a backup plan for your 1031 Exchange? “Mark wanted to increase his investment potential. He decided to sell his 2-bedroom condo, which he had been renting to tenants and acquire a property with less management hassle using a 1031 exchange. Adhering to 1031 exchange guidelines, he appointed a qualified intermediary (“QI”) to …

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