Posted 5/8/2025 17:48 (#11218276 - in reply to #11218249) Subject: RE: Missouri capitol gains elimination
West Central Illinois
AGDEAL - 5/8/2025 17:17
What if he 1031 the money? Is it still considered capital gain in Illinois?
Don’t know anyone who did a 1031 who paid any state or federal capital gains as long as the original property was worth same or less than what they traded into. 1031 should never be done without the advice of an attorney.
Missouri capitol gains elimination
