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Tag: IRS

Capital Gains Tax Going Up- Selling in 2012 vs 2013

Section 1031 exchange of the Internal Revenue Code will defer an estimated $3.2 billion in capital gains and recaptured depreciation taxes for individuals and corporations in 2012 according to the Joint Committee on Taxation. The tax deferral is estimated to be $3.7 billion and $4.1 billion in 2013 ... Read More

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