Loading
So, you inherited a Walgreens, sold it, made some money and are now looking to save on your taxes. What do you do?
Well, the federal government has a rule in place that can help.
It’s called a 1031 exchange and is named for a section of the IRS code that “allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange.”
Subscribe today. Cancel anytime.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
