Posted 11/2/2023 14:37 (#10466456 - in reply to #10466424) Subject: RE: 1031 Exchange of Livestock
NW Iowa. / SW Arizona
I am NO expert on 1031‘s but I doubt that’d work. When we sold a hog confinement two years ago I wanted to do a 1031 exchange and buy some land. Our CPA said no it didn’t qualify it had to be another confinement, that was the last thing I wanted to do. We just bit the bullet and paid the taxes :-(.