Slow market not good for tax-deferred exchange

Investor will lose benefits if she can't find a renter soon
Published on Sep 25, 2007

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by CareyBot

DEAR BOB: About six months ago, I completed an Internal Revenue Code 1031 tax-deferred exchange, but I have not been able to rent the acquired house due to an oversupply of rentals in my area. Homeowners are having difficulty selling ...