1031 exchange is for investment properties. You sell an investment property and use proceeds to purchase a like kind investment property with no tax implication. On the original question the bond on $250,000 dollar house in new section is around 27,000 at a 3.79% interest rate and the extra tax is about $900 dollars. The amenity fee is $164 on all homes sold after 1/1/21. The are estimates. Andrea Bonivich, Sellstate Superior Realty
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