Are 1031 Exchanges OBSOLETE
1031 exchanges kind of became obsolete in the last five years. Now they might be come back, come back into the fold as bonus depreciation start, you know, it starts to fade out. If it doesn’t get kicked down the road some more, there was really no need, especially in this type of asset class, recognize the gains, choose how much you want to ultimately pay tax on, invest the rest in something that’s going to give you bonus depreciation in year one. And so there was really no need for a 1031 exchange. Yeah.
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