New tax law affects rental real estate

Tax-deferred exchange rule applies to home sales after Oct. 22, 2004
Published on Jul 21, 2005

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by CareyBot

DEAR BOB: In a recent response to a reader, you said Congress enacted legislation effective Oct. 22, 2004, affecting rental property acquired in an Internal Revenue Code 1031 tax-deferred exchange. Does this apply to all such property, or just to ...