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Category Archives: IRS
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
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