Category Archives: 1031 Exchanges

1031 Exchanges & Capital Gains – Do You Know?

Here is a great Quiz from The National Association of REALTORS® Magazine.  Do you know all you need to in order to exchange a property and defer capital gains?  (Be sure to follow up with a Qualified Intermediary to see how … Continue reading

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1031 Deadline Date Relief for CA Wildfire Affected Exchangers

 Here is an article that I hope will help investors who lost property in the California wildfires. Revenue Procedure 2007-56 permits extension of IRC §1031 exchange deadlines upon issuance of an IRS Notice or other guidance permitting relief to taxpayers … Continue reading

Posted in 1031 Exchanges, Investors - Investment Income, IRS, NAR-National Association of REALTORS®, Real Estate - Sellers & Buyers, REALTOR®, Tax Basis, Tax Relief, Wildfires | Tagged , , | Leave a comment