3min chapter

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Ask Marco - Too Many Properties for a 1031 Exchange, Buy a Home or Rental First, Building an Acquisitions Team, Fast-tracking | PREI 404

Passive Real Estate Investing

CHAPTER

Doing a 1031 Exchange Is a Good Problem

A 1031 exchange is essentially a tax deferred exchange. You need to sell your property within a certain period of time. Take those funds through a accommodator and roll them into newer properties. The challenge you have is that you need to identify the new property or the new properties in 45 days.

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