Dear Jason – October 2021

 In Dear Jason

Dear Jason,

I will be selling a property later this year.  Can I still do a like kind (1031) exchange?



Dear Fran,

As of the writing article, like kind exchanges are still allowed.  There are proposals that may substantially change the rules pertaining to like kind exchanges.  If you are able to complete the like kind exchange before any change in the law and law is not retroactive then you can likely have a significant tax savings by performing the exchange.



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