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I have dad a major fire loss on a rental home. How do I get TT to delay adding the tax on the gain if I plan a delayed 1033 exchange net year?
Sorry that is Had not Dad. I received flood and fair insurance checks for less that depreciated value and then sold the remains for a net gain. I want to defer gain in a 1033 exchange next year.
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‎October 25, 2020
8:08 AM