What is a 1031 Exchange? A Beginner’s Guide
Property Metrics
DECEMBER 10, 2021
Value : IRS rules state that the market value and equity of the replacement property must be the same as, or greater than, the value of the relinquished property. For example, a property with a market value of $1MM and a mortgage of $250M must be exchanged into a new property worth at least $1MM with a $250M mortgage.
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