What should a taxpayer do to receive remaining proceeds in a 1031 exchange account after acquiring one
Fantastic news! We've Found the answer you've been seeking!
Question:
What should a taxpayer do to receive remaining proceeds in a 1031 exchange account after acquiring one of the identified properties within the Identification Period? Apply for a special exemption Nothingas the funds are automatically released. Wait until the end of the exchange period. Revoke the identification of all other replacement properties.
Related Book For
Posted Date: