Each year, as winter settles over Massachusetts, many Cape Cod residents head south to Florida in search of sunshine, warm weather, and a more relaxed lifestyle. For some, however, the move is about more than just escaping the cold — it’s about taxes. Florida’s...
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Introduction Section 1031 of the Internal Revenue Code (IRC) provides a powerful tool for real estate investors to defer capital gains taxes when selling property. Commonly known as a "1031 exchange" or a "like-kind exchange" this provision allows investors to...