Internal Revenue Code Section 1031, a federal statute for deferring capital gains tax, is used in as many as 20% of commercial real estate transactions. Despite this, misunderstandings about this ...

As a result of the severe winter storms, flooding and mud slides that began in California on January 8, 2023, on January 10, 2023, the IRS issued an initial extension of the 45- and 180-day deadlines ...

Three people in an office standing above a large desk looking down at something on the computer of a fourth person sitting at the desk. A 1031 exchange allows real estate investors to defer capital ...

CHICAGO, July 26, 2023 /PRNewswire/ -- Investment Property Exchange Services, Inc. (IPX1031), the leading national provider of 1031 Exchange services, has released their annual Top Misconceptions ...

IRC Section 1031(a) provides that no gain or loss is recognized if property held for productive use in a trade or business or for investment is exchanged solely for property of a “like-kind” to be ...

The New Year brings with it a welcomed tax change to Pennsylvania: the recognition of Internal Revenue Code (IRC) Section 1031 like-kind exchanges. Under the federal tax rules, gain or loss is ...

Even if the property is of like kind to other property in an exchange, nonrecognition of gain will be denied unless the property is “held for productive use in a trade or business or for investment” ...

Response to a guest editorial by Bill Blomberg: I read with interest the column by Blomberg entitled “How the tax code drives up the cost of real estate”. His assessment and conclusion on the Colorado ...

Delaware Statutory Trusts (DSTs) offer a smart avenue for real estate investors navigating the complexities of a 1031 Exchange. When the IRS issued Revenue Ruling 2004-86(1), it allowed a properly ...

If you’re a real estate investor, you know that real estate comes with some unique tax advantages. One of the most beneficial tax strategies is using a 1031 exchange to postpone paying capital gains ...