1031 exchange - like for like property. does the tax bias also come into play when determining your property exchange?
for example - if my like-for-like property needs to be $1.3m, will I be able to reduce that amount by calculating my tax bias for costs incurred selling the relinquished property?
011986
1 Replies
Mike9241
Level 15
Jul 9, 2025 4:33:38 PM
yes. if you read the instructions they go either on line 15 or 18 of form 8824