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> Would you be charged capital gains taxes if you wanted to make a straight-trade of real estate properties In the United States there's something called a 103
by bradleyjg 9y ago
> Would you be charged capital gains taxes if you wanted to make a straight-trade of real estate properties
In the United States there's something called a 1031 exchange that allows the deferral of capital gains recognition on a sale of one asset and the purchase of a similar one under some circumstances. But in the case of real estate in can only be used for investment properties not owner occupied residences.