What should a taxpayer do to receive remaining proceeds in a 1031 exchange account after acquiring one

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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

Posted Date: May 18, 2024 07:16 PM

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What should a taxpayer do to receive remaining proceeds in a 1031 exchange account after acquiring one

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