US tax implications for property sale and re-investment in India

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CVTommy
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Joined: Thu Nov 29, 2012 1:27 am

US tax implications for property sale and re-investment in India

Post by CVTommy »

What if the money is used to buy a property in the US? I read somewhere that India allows the exemption even on property invested abroad. And since this property is bought in the US, can 1031 exchange apply?
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