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What is the Qualified Holding Period for a property that was purchased through a 1031 exchange?

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What is the Qualified Holding Period for a property that was purchased through a 1031 exchange?

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There is no hard & fast role on this subject. Many people believe two years is necessary. The taxpayer has to intend to hold the property for investment or income producing purposes when the property is acquired. If there is a bona fide intent to meet the holding requirement, the qualified use period may be less.

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