Tag Archive: "1031"
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Reverse Section 1031 Exchanges
I must be excited for this week’s complimentary webinar presented by CLA and First American Exchange Company, as I have Section 1031 exchanges on the brain. Loyal subscribers will know that we have covered this topic extensively over the years. And for our less loyal readers, here are a couple blog posts to get you […]
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Vacation Homes: The Safe Harbor of IRS Revenue Procedure 2008-16
Colleague Ken Zacharias recently consulted with a client on the qualified purpose requirement for vacation homes, and we thought that it would be a great topic to share with our readers. Ken and his team in Wisconsin, which include Jake Caelwaerts and Brian DelVecchio, and Chicago-based Jim Milliken, make up our larger Section 1031 consultation […]
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Disaster Relief Also Available for Section 1031 Exchanges
Earlier today, we shared information on disaster relief available to taxpayers affected by Hurricane Ian. Disaster relief is also available to those currently in the middle of Section 1031 exchange transactions. The 45-day and 180-day deadlines have been postponed for the entire states of Florida, South Carolina, and North Carolina. The start of the disaster […]