Sunday, February 27, 2011

Your questions about tax-deferred exchange

Susan asks…how can tax deferred exchanges save a seller tax on a sale of income property?admin answers:It saves tax because the tax is deferred to a future period. Time value of money. Money now is worth more than money at a future point when you sell the deferred item.Robert asks…USA Tax Expert Needed, 1031 Exchange Question?Origianl question: http://answers.yahoo.com/question/index?...

I received three answers to that question which disagree. I think that is because I did not state my question clearly. Here is a better effort: I own a

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