Discussion:1031 Exchange by a Bypass TRust
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Discussion Forum Index --> Advanced Tax Questions --> 1031 Exchange by a Bypass TRust
Discussion Forum Index --> Tax Questions --> 1031 Exchange by a Bypass TRust
| 21 September 2009 | |
| Husband dies and sets up a testamentry trust that owns 49% of a personal residence occupied by spouse. The other 51% is owned by spouse's 51% living trust. If you took the exclusion on the sale of the house on the 51%, could the other 49% engage in a 1031 exchange? | |
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