New New Tax Statement is out Check it out

News

As your Qualified Intermediary, we make it our job to keep you in the know on all things 1031 Exchange. For recent news and industry updates, look no further.

1031 Vacation Properties

The first thing an investor must understand is that simply holding a property with the expectation of gain does not establish their intent to hold for investment purposes.

Read more

Same Taxpayer Requirements in 1031 Exchanges

IRC 1031 requires that the same taxpayer that relinquishes property must acquire the replacement property. This requirement is in place to maintain a continuity of tax. But, this requirement does not mean that the same name that held title on the relinquished property must be the name on the replacement property.

Read more