The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

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How 1031 tax-deferred exchanges work

By Scott Sheldon / August 14, 2018

A 1031 tax-deferred exchange is a deferred exchange in the gain of an investment property used to acquire another investment property. Make no mistake this is a deferment where you’re kicking the can of the paying the property taxes obligation to some point in the future when you sell the property. Here is an example…

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