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Kiplinger
Kiplinger
Business
Jill Jones, General Counsel

1031 Exchanges Aren't Just for Big Real Estate Deals: An Expert's Playbook for Regular Property Owners

A pair of model homes sit on a conference room table while two people sign documents, only their hands showing.

Millions of Americans have much of their net worth invested in real estate.

Equity in these properties should grow in value over time, but for many, it's "trapped" because it can't be accessed without a sizable capital gains tax obligation when the property is sold.

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