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You sell your rental real estate used in a trade or business on 6/1/2019. You have until 7/16/2019 to identify a replacement property if you

You sell your rental real estate used in a trade or business on 6/1/2019. You have until 7/16/2019 to identify a replacement property if you want to defer gain recognition in IRC 1031.

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A. True B. False

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