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 and taxes if you take your profits and buy another property"
By Minority Mindset | December 3, 2023 | Pending
From video
Make Your First Million In Real Estate 00:11:51 - 00:11:59
Interpreted Prediction
The 1031 exchange allows investors to defer taxes on profits from selling real estate by reinvesting the proceeds into another like-kind property.

Prediction Details

Topic
1031 Exchange Tax Deferral

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