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Investors & landlords
The following is one of the better sites for informational purposes (perhaps the best).
https://www.1031exchange.com/faq
In short, the fair market value of the replacement property does need to be equal to, or greater than, the fair market value of the relinquished property (disregarding costs entirely - some of which may actually be considered boot).
March 27, 2022
7:09 PM
3,342 Views