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Dickey and Tremper, LLP

Tax-Free Exchanges

A §1031 tax-deferred exchange is a way for you to sell real or personal property and avoid paying capital gains tax. An exchange allows you to defer taxes, preserve equity and grow your assets as you reinvest the resulting tax savings in "like-kind" replacement property. In order for an "exchanger" to realize the tax-deferred benefits, a "qualifed intermediary" must hold the sale proceeds during the exchange period. Dickey and Tremper, LLP can help you navigate the procedure to achieve the results you want.
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