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If it's less, the distinction in worth is treated as boot and it's taxable.To keep things easy, we'll assume five things: The existing home is...

It does not matter how numerous homes you are exchanging in or out of (1 home into 5, or...

In a postponed exchange, you require a qualified intermediary (middleman), who holds the money after you "sell" your property and uses it to "purchase"...

After the 45th day and only after you have obtained all the property you have the right to acquire...