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NE Ohio | You can do a 1031 exchange with land and commercial real estate. Whatever you don't reinvest would be the portion that's taxable.
I met someone at a tax conference a couple years ago that handles transactions like this. The were offering investments into Delaware Statutory Trusts (DST). The trusts they offer hold various types of real estate whether it's shopping centers, nursing homes, apartment complexes, etc. I'm not that far from you. If you want more information, I could put you in contact with the person. | |
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Investing in commercial real estate and using 1031
