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The Eminent Domain Process

A Quick Look At: The Eminent Domain Process

Losing your real estate due to condemnation stinks, and your attorney fought hard to win you the highest value possible.  However, incurring a tax liability would only make things worse and your fight is not over.  IRC Section 1033 exists to help taxpayers avoid paying taxes due to eminent domain.  Request a copy of our White Paper here and find out what you can do.  Tax implications of any exchange can be significant, and you should always consult a tax professional.

If you have any questions regarding the eminent domain process, or any other related matter please give Exclusive Financial Resources a call or schedule a 15-minute discussion here.