Answer
Apr 17, 2025 - 12:05 PM
So foreign nationals that are doing business in the United States, if they have rental properties, they can use 1031 exchange and many of the tax codes as long as they have business going on. So the issue is you can't use many of these strategies for properties in other countries. And you can't exchange from, say, India to the United States. So it has to be domestic.