A taxpayer who "traded out of a California property into an out-of-state rental property using...
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Accounting
A taxpayer who "traded out of a California property into an out-of-state rental property using a 1031 exchange must use Form 3840 on her Californla tax return for: A: least three years after the exchange At teast five years after the exchange At lesst seven years aftec the exchange Unot the deferted gain is recogmited

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