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Did you know you can defer your capital gains when you sell income property? Section 1031 of the Internal Revenue Code allows sellers to defer their capital gains when exchanging "like" income properties. This can be equated with receiving a "interest-free" loan from the IRS on your taxes!
If you are selling an investment property and are thinking of purchasing another one (or more), contact our professionals at Kensington Capital. We can provide you with the information and contacts so that you too can recognize the benefits of a 1031 Exchange!
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