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dude im selling this rental property im gonna make a hundred thousand dollars just by holding it for two years okay but it looks like youd owe twenty thousand dollars of capital gains tax on that oh no im not paying any taxes on that what do you mean do you wanna go to jail no i just mean im doing a 1031 tax deferred exchange as long as i identify the property that im going to buy within 45 days and then close on it within 180 i dont have to pay any capital gains tax if i just keep doing this with bigger and bigger properties making more and more cash flow i wont have to owe the irs any tax dollars dude thats crazy smart i gotta follow you to learn more about this stuff