as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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can i do a like-kind 1031 exchange with a foreign property?
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no, in order to qualify for a 1031 exchange, the replacement property in question must be located within the united states. this means that you can purchase property in any state, but you cannot use a 1031 exchange to buy property in another country.
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