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Do real estate investment trusts qualify for 1031 exchanges?

Answer:

ANSWER

The trust can qualify if it sells a property and wants to buy another.

The individuals who own shares in the REIT cannot use section 1031 to defer the taxes on their income or other gains from the trust.

First answer by JohnCorey. Last edit by JohnCorey. Contributor trust: 92 [recommend contributor ]. Question popularity: 1 [recommend question].

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