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YouTubeScott Offerman, 1031 Financial
Why Your 1031 Exchange Can Still Trigger Taxes
In this video, we explain how a 1031 exchange can still generate taxable boot if equity and debt are not properly replaced. Mortgage boot and equity boot are common issues in 1031 exchanges when the replacement property structure does not fully match the value and debt of the property being sold. If not addressed correctly, these shortfalls may ...
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