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Taxfree exchanges can defer capital gains taxes from "summary" of Tax-free Wealth by Tom Wheelwright
The tax law provides a way to defer paying capital gains taxes when you sell an investment or business property. This strategy is known as a tax-free exchange, and it is a powerful tool for building wealth. When you sell an investment property, you typically have to pay capital gains taxes on the profit you make from the sale. However, if you use a tax-free exchange, you can defer paying those taxes indefinitely. This means that you can reinvest the full amount of the sale proceeds into a new inve...
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