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What are the tax implications of the Unison lease conversion?

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What are the tax implications of the Unison lease conversion?

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Unison’s lease conversion has been carefully structured to qualify in most cases for capital gains treatment, as well as the 1031 Like-Kind Exchange (which defers tax liability indefinitely into the future, until you or your heirs take the investment out of real-estate form). We can provide basic guidance on standard tax treatment of our transaction; however, your accountant or tax advisor remains your best and final resource for tax advice.

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