Other Business Sale As A Tax Deduction ? ?
First post here and I am a new and inexperienced investor. Question is I sold a sub-chapter s corporation that was not related to real-estate several years ago and paid a huge sum in taxes from the sale. The sale involved no land or real property. In retrospect I am wondering if it would have been possible to divert some or all of the money I paid in tax into real-estate via a 1031 or other means to increase the amount of money I kept? Thanks
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