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1031 Exchange? Can I exchange a business opportunity(franchise) after selling the residential income property
Is it considered like-kind exchange and qualify for 1031 exchange
if selling a rental property, you need to exchange for a rental property. That is where the "like-kind" comes in.
A franchise is not the same as a rental
Does not exactly sound like "like-kind" property does it now?
References :
if selling a rental property, you need to exchange for a rental property. That is where the "like-kind" comes in.
A franchise is not the same as a rental
References :