Please follow the link below to an article on the Security 1st Exchange website that describes the process and includes a link to the IRS Website for review if you are in a disaster area from the storm.
Read moreWhen starting a 1031 Exchange later in the year, many taxpayers do not consider if there are any issues that may come up, but there can be.
Read moreAs we approach the end of 2024, now is the time to review some key 1031 Exchange points.
Read moreAs of September 30, 2024, the IRS has issued over 30 disaster postponements due to weather or natural disasters.
Read moreThe past few years have marked a crazy time in the residential real estate markets. Even so, with inventory still scarce in many markets around the country, home prices are hitting new records and remain unaffordable in many parts of the United States.
Read moreWhen purchasing the replacement property, a lender may require adding the new spouse therefore changing vesting through the 1031.
Read moreThe 1031 regulations establish rules for avoiding this “constructive receipt” by creating a safe harbor when using a Qualified Intermediary (QI) to hold the sales proceeds.
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