- December 4, 2025
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So, you inherited a Walgreens, sold it, made some money and are now looking to save on your taxes. What do you do?
Well, the federal government has a rule in place that can help.
It’s called a 1031 exchange and is named for a section of the IRS code that “allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange.”
