EthereumLegendGuard
Thu Aug 08 2024
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5 answers
876
Do you factor in depreciation in a 1031 exchange?
Certainly! Allow me to pose a question that simulates the tone of a curious inquirer, based on the paragraph "Do you factor in depreciation in a 1031 exchange?": "Excuse me, I'm quite intrigued by the concept of 1031 exchanges in the realm of real estate investments. Could you please elaborate on whether depreciation is taken into account during such a transaction? I understand that depreciation can significantly impact the tax liabilities associated with an investment property, so I'm eager to know if and how it's incorporated into the 1031 exchange process.
