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Is section 1031 Exchanges limited only to real estate?

April 26, 2017exchanges limited Real Estate section

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Is section 1031 Exchanges limited only to real estate?

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No. Any property which is held for productive use in a trade or business, or for the purpose of investment, can qualify for tax-deferred treatment under Section 1031. In fact, many exchanges are “Multi-Asset Exchanges”, involving both real property and Personal Property .