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1031 Exchange: 1.We know that assets generally can get a step up in basis so how does a 1031 impact this? 2.Do deferred taxes become

1031 Exchange:

1.We know that assets generally can get a step up in basis so how does a 1031 impact this?

2.Do deferred taxes become eliminated taxes at the time of death?

3.Does this provide more potential in a 1031 where the owner can get benefits today and heirs receive a benefit later also or does the 1031 eliminate the possibility for a step up?

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