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In case you purchased your actual property asset via a section 1031 tax-deferred exchange, you had been allowed to defer capital gains taxes as a result of change of your property for a like-form or comparable actual estate property (e.g., an office constructing for a shopping mall).
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But guidelines of thumb haven't any relevance for skilled actual property investors to set the purchase value.
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So perhaps that's part of it, we've got been listening to about issues in the actual estate market for long time now and particularly from Delhi.
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