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(Save the date: RealShare Los Angeles comes to the Hyatt Regency Century Plaza in Los Angeles, CA, on March 27, 2013.)

LOS ANGELES-The expiration date on the current capital-gains tax is but a few weeks away, and there are two important steps investors should take before the rates go up in 2013. According to Tom Muller, co-chair of real estate and land use for law firm Manatt, Phelps & Phelps here, completing sales before year-end and setting up 1031 deferred exchanges are two avenues to consider in order to avoid paying the higher rates.

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