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From time to time the Internal Revenue Service makes a misguided attempt to alter Section 1031 of the Internal Revenue Code in an attempt to "enhance revenues". These attempts are miguided as the following pages will show.

The following pages are also very instructive on how Section 1031 works from an investor perspective, particularly in comparison to other investor options for installment sale or refinance with addtional real property purchase. Take a tour and you will learn much about Section 1031!