What Is a 1031 Exchange and Can Turkish Investors Use It?
A 1031 exchange lets U.S. investors sell one property and buy another without paying capital gains tax right away. Turkish investors can also use this if they meet the rules. The process has deadlines and legal steps, so expert advice is needed. It’s a powerful tool to grow wealth, but it only works with investment property. Turkish buyers planning to build a large portfolio in Boston may benefit from this option.
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