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  • Re: To qualify for the 1031 exchange, do I have to buy a new property that is worth more than the one I sold, or at any value?
sprc1011us
sprc1011us
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Deductions & credits

Yes, I read about the link that Chris shared: https://www.investopedia.com/financial-edge/0110/10-things-to-know-about-1031-exchanges.aspx. 

I think it is better to buy a property with a higher value to avoid an immediate tax. 

‎March 12, 2024 9:13 AM
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