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Tax Deferred Exchanges
A tax deferred exchange involves the exchange of certain types of property that may defer the recognition of capital gains or losses that would be due upon the sale. As a result, any capital gains taxes otherwise due are deferred. To understand whether or not your property transfer qualifies or even whether this type of exchange is right for you, it is imperative that you have an excellent grounding in not only real estate law but in the tax laws, both federal and state. Our firm can provide you with the information you need to assess whether this is right for you.
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