A requirement in 1031 exchanges. The replacement property must be similar in nature (not type) to the relinquished one. In real estate, this includes almost any income-producing or investment property.

At Meridian Pacific Properties we believe that our residents deserve to be treated fairly at all times. As an equal opportunity housing provider, Meridian Property Management provides housing opportunities regardless of race, color, national origin, religion, sex, physical or mental disability, familial status or any other classification protected by applicable federal, state or local law.

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