Under Provisions of Internal Revenue Code Section 1031, capital gains can be deferred (avoided) if you exchange (sell) your property and purchase another for greater value.

You need a top realtor like me to help you through the “1031” process. 80% of the sellers take advantage of this provision.

If you are selling your Ocean City home as your primary residence, other IRS rules protect your capital gains up to $500,000. Call me for all the important details.

1031 Exchanges Required
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