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Discussion Forum Index --> User Introductions --> 1031 Exchange - Property Allocation
Ralph Ryan, CPA (talk|edits) said:
| 16 January 2006
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| In a 1031 exchange of real estate, does the newly acquired property maintain the same basis for the land as the property that was given up?
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DZCPA (talk|edits) said:
| 16 January 2006
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| No. You need to make an allocation between land and improvements.
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DZCPA (talk|edits) said:
| 16 January 2006
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| Ask question again if you want in the " discussion forum " section. You will get more replies.
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