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General 1031 Exchange rules: https://go.doorloop.com/california10...

There are a few points specific to doing a 1031 exchange in California that are very important to know if that’s where you’re considering doing an exchange. Watch this video to learn more! Click here to learn more: https://go.doorloop.com/california10...

0:00 Welcome
1:24 What Is a 1031 Exchange & Its Benefits?
2:41 1031 Exchange Rules in California
3:36 Must Be Investment or Business Property
4:16 Both Properties Must Be of Equal or Greater Value
6:30 Must Be LikeKind
7:01 Must Be the Same Taxpayer for Both Properties
7:27 Must Complete the Exchange Within the 1031 Exchange Timeline
8:20 California ClawBack Provision
9:12 California ClawBack Provision Example
10:09 Annual Information Return for Former California Property
11:22 How to File a 1031 Exchange on Your California Tax Return
12.16 Stay Informed

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Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. All information presented in this video is subject to change and may have changed since the time of filming. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.

Category: Legal