Discussion:1031 Exchage - Foreign Land
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Discussion Forum Index --> Advanced Tax Questions --> 1031 Exchage - Foreign Land
Discussion Forum Index --> Tax Questions --> 1031 Exchage - Foreign Land
| 15 November 2007 | |
| My client is a resident, E1 visa, resident of California, citizen of Canada. Selling land in Canada by end of this year. Are there any limitations for a 1031 exchange in regard to type of property, location of new property acquired? Are the rules the same as the typical USA citizen with USA property? | |
TheTinCook (talk|edits) said: | 15 November 2007 |
| Sec. 1031(h) | |
| 15 November 2007 | |
| The replacement property must be located outside of the United States. | |
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