tony77777
Level 2
06-02-2022
04:25 PM
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One of my clients 1031 exchanged on property from California to Arizona in 2018. He plans to sell the property in 2022. I know there is a "claw-back" rule for California property that 1031 exchanged to another state. I just want to know after the client paid deferred capital gain in California, can he receive some tax credits to offset the Arizona state capital gain?
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