Hard work. More hard work... and yes time allowed the fruits of your labor to grow over the years. Perhaps it was residential real estate such as an apartment building or multifamily residence? You took the calls at night, worked in the rain, and always did whatever was necessary to make that mortgage payment...it was your future.
Eventually, you made a decision... It was time to move on. The market had appreciated and you had served your dues. Your wealth grew, as did your desire to retain it for retirement and future generations. You spoke to your accountant, financial planner, and so on. We know the result.
YOU SOLD YOUR PROPERTY. YOU DID NOT WANT TO PAY TAX.
YOU OWN A TIC.
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1031 Fraud Tic Fraud Tenants in common Tenant in common 1031 recapture 1031 boot 1031 Tic exchange
1031 Fraud Tic Fraud Tenants in common Tenant in common 1031 recapture 1031 boot 1031 Tic exchange