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Like Kind Exchanges

Section 1031 of the Internal Revenue Code offers an extraordinary opportunity for property owners and even tenants under long-term leases to defer income taxes when they decide to exchange one location for another. This major tax benefit comes with a highly technical set of rules, not all of which are written into the Code or the Regulations promulgated under the Code. Our legal team has successfully guided numerous clients through the twists and turns of the like kind exchange maze and can do so for you as well.

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