2018 – 03/19 – Defer tax with a Section 1031 exchange, but new limits apply this year

2018 – 03/19 – Defer tax with a Section 1031 exchange, but new limits apply this year

There had been some concern that tax reform would include the elimination of tax-deferred like-kind exchanges. The good news is that the TCJA still generally allows them for real estate. But there are limits you need to be aware of.

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