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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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May 19, 2005

The Real Estate Adviser: New wrinkle in sales: the reverse exchange

By TOM KELLY
Special to the Journal

"I'm out of luck with the taxes,'' the caller to the radio program said sadly. "I bought another rental home before selling the first.''

Most real estate investors are aware that you can defer capital-gains tax by selling one investment property and then buying another investment property of equal or greater value within certain timeframes.


 
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