The second oldest profession… Barter and trade
After finishing a course in 1031 tax-free exchanges in the early 1970s, the first agreement drawn up on this “revolutionary” means of doing business was a “NON-qualified 1031 tax-free exchange” using “pure boot”. This was not “like property”. A builder had been building houses like crazy and suddenly the market turned south and no one came up to buy the […]
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