ilmscore | Prediction Details
"the third big tax break that you get is something called the 1031 exchange which says that you can sell your real estate for a profit and not have to pay any money on taxes if you take your profits and buy another property"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 00:06:43 - 00:06:53
Interpreted Prediction
A 1031 exchange allows real estate investors to defer paying taxes on profits from a sale if they reinvest those profits into a like-kind property.

Prediction Details

Topic
1031 Exchange

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