Question: Under the IRS code Section 1 0 3 1 , capital gains are taxed at a maximum 2 5 % rate. tax sheltered. tax free.

Under the IRS code Section 1031, capital gains are
taxed at a maximum 25% rate.
tax sheltered.
tax free.
tax deferred.
Compound interest is really
interest on principal borrowed.
interest on interest earned
deferred interest.
negative interest.
 Under the IRS code Section 1031, capital gains are taxed at

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