Category Archives: 1031 Exchanges

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