TAX TIPS- A Tax Loophole You Need to Know About 🤑💰

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Deferred Exchange Details: A property seller can shift their funds from the sold property to the purchase or purchases without an obligation to pay capitol gains tax.

In order to defer ALL tax completely, the property that the investor is purchasing must be equal or greater in value, equity and debt (but the debt can be replaced with cash) than the relinquished property.

** PLEASE MAKE SURE YOU SEE YOUR CPA OR 1031 TAX SPECIALISTS BEFORE MAKING ANY PURCHASES

We are not CPA's or tax specialists and this information is to simply to inform you of what is available to you but should not be used as tax advice. Please seek advice from a specialists.

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This is valuable information. I just got my first house from paying someone's lien.

eggrole
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When you acquire the second investment/ real property you still have to pay the taxes you deferred when you sell that second investment.

tedcruzatemyson
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Idk how to get into investing, through my bank? Through an app? Through some kind of brokerage?

armcannon
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Every guy knows about this. Only women would think this is a big secret.

michaelnizza
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You MUST BE talking to immigrants. Because anyone over the age of 30, or ever bought a house knows this. 🙄🙄🙄🙄🙄

mawi