What are the time limits to complete a Section 1031 Deferred Like-Kind Exchange? While a like-kind exchange does not have to be a simultaneous swap of properties, you must meet two time limits or the entire gain will be taxable.
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Real property and personal property can both qualify as exchange properties under Section 1031;. Gain or loss on sale of other (non-like-kind).
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2018 State Capital Gains Rates, Income Tax Rates, and 1031 Exchange Investment Opportunities for the state of Missouri.