![1301 exchange rules](https://1031-exchange-rules.com/wp-content/uploads/2021/06/1031-exchange-basis-rules.png)
Why cant i buy from crypto.com
If there are any proceeds left over from the exchange, with a massive tax bill.
icx cryptocurrency reddit
IRS 1031 Exchange Rules: Requirements, Timeline, and GuidelinesIn order for the exchange to be % tax-deferred, the purchase price of the Replacement Property must equal or exceed the selling price of the Relinquished. You must identify a replacement property for the assets sold within 45 days and then conclude the exchange within days. There are three rules that can be. A exchange is a tax break. � Proceeds from the sale must be held in escrow by a third party, then used to buy the new property; you cannot receive them.
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