After TaxTax Playbook

Tax Playbook · Investment tax wins

1031 exchanges

Sell a rental property and use the money to buy another one, and the tax on your profit waits — potentially forever. Do it again and again, and if you hold until you die, your heirs may never pay it at all.

Good for: Real-estate investors.

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Educational summary, not tax advice. Limits and rules change — confirm current law with your tax adviser.