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In the fore-front is the world famous Pink Pony Pub. It was rebuilt as it is here in 1979 after Frederic. Behind it is the new Phoenix All-Suites condominium which fared the storm well. I suspect that the Pink Pony's days are over.
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Thoughts gleaned from the web. And answers to Section 1031 questions. Herbert Law Firm LLC, Attorney at Law Interested in 1031 Exchanges? Our firm can help.