LightningStrike
Thu Aug 08 2024
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7 answers
1812
Can a 1031 exchange be done if a child goes to college?
Could you please clarify if a 1031 exchange can still be executed if a family decides to send their child to college? Are there any specific regulations or limitations that might hinder the completion of such a transaction under these circumstances? I'm particularly interested in understanding the potential tax implications and how they might be affected by the decision to invest in a child's education.
