Deadline Extensions for Taxpayers Affected by California Weather
The IRS has issued a disaster relief notice for the state of California relating to the severe winter storms, flooding,...
View More >>
January 12, 2023
/
Tag Archive: 1031 Exchange
Status of Section 1031 and the Budget Reconciliation Bill
It appears that a $500,000 cap on capital gains deferral allowed under § 1031 of the U.S. Tax Code may...
View More >>
September 21, 2021
/ Leave a comment
The American Families Plan’s Threat to the 1031 Exchange Industry
Recently, the White House released the details of its American Families Plan, which includes a $500,000 cap on like-kind exchanges...
View More >>
May 3, 2021
/ Leave a comment
Beyond Deferring Capital Gains Taxes: Advantages of a 1031 Exchange
Savvy investors over the years have leveraged the benefits of the 1031 Exchange for reasons that far exceed its primary...
View More >>
April 19, 2021
/ Leave a comment
Important Tax Deadlines for 1031 Exchange transactions Initiated During the 4th Quarter of 2020
If the sale of your Relinquished Property closed on or between October 18, 2020 and December 31, 2020, the standard...
View More >>
October 19, 2020
/ Leave a comment
Proposed 1031 Exchange Regulations Defining “Real Property”
Beginning January 1, 2018, the Tax Cuts and Jobs Act (TCJA) amended IRC section 1031 to limit its application to...
View More >>
July 7, 2020
/ Leave a comment
Vesting Issues in a 1031 Exchange
For an exchange to satisfy IRC §1031, the taxpayer that will hold the title to the Replacement Property must be...
View More >>
October 4, 2019
/ Leave a comment
Combining Primary Residence Exclusion with a 1031 Exchange
There are some instances where, for tax purposes, real property can be treated both as property held for investment or...
View More >>
June 24, 2019
/ Leave a comment
Seller Financing and 1031 Exchanges – What you Should Know
Sometimes it is necessary or desirable for an Exchanger carry back a promissory note upon the sale of their relinquished...
View More >>
October 3, 2018
/ Leave a comment
How Cost Segregation Studies can Increase your Tax Savings
All real estate owners and investors are concerned about how they can reduce and/or defer their taxes. Cost segregation studies...
View More >>
July 16, 2018
/ Leave a comment
Multiple Property Exchanges – The Basics
IRC Section 1031 allows for the exchange of several properties into one or more replacement properties. Exchangers, however, need to...
View More >>
September 6, 2017
/ Leave a comment
The Improvement or “Build to Suit” Exchange — The Basics
The Improvement Exchange is a powerful strategy that enables an investor to make improvements to a replacement property, and utilize...
View More >>
March 25, 2017
/ Leave a comment