Skip to content
/ real estate

Basic 1031 Rules and Requirements for Tax Deferred Exchanges

By Dave Foster | June 27, 2014

Dan McCabe, Esq., Vice President of Exchange Resource Group, and Dal Waimsley, President and Co-Founder of Lifestyles Unlimited, discuss the basic rules and requirements for tax deferred 1031 Exchanges in this hour long training video. If you are new to 1031 Exchanges or just need a refresher, this is an overview of the process that…

Read More

Recognizing and Avoiding Common 1031 Exchange Issues – Ownership

By Dave Foster | May 2, 2014

The 1031 Exchange process can be rewarding, but intimidating, for the uninitiated. The intimidation factor is created by the vague wording of the Internal Revenue Code (IRC) 1031 and the somewhat inconsistent case law interpreting that code. Sound advice from knowledgeable professionals and prudent action by the investor can mitigate most 1031 Exchange issues and…

Read More

Subscribe to Our Newsletter

Stay in touch with ERG though our monthly newsletter.  We promise we won't waste your time with spam or meaningless drivel.

Subscribe

IRS Extends 1031 Like-Kind Exchange Deadlines in the Wake of Various Natural Disasters

Each listed Disaster Areas has its own Disaster Date on which tax relief, including the extension of 1031 Exchange deadlines, is keyed. The IRS’s Disaster Relief Notices, in conjunction with Revenue Procedure 2018-58, give taxpayers two options to extend their 1031 Exchange deadlines: a general relief option (for Exchanges in progress on or after the Disaster Date) and an extended relief option (for Exchanges in progress on or before the Disaster Date). Depending on when your Exchange began, you may qualify for one or both of these options.

Please consult with your tax advisor for further guidance. The Notice reference and Disaster Date for each Disaster Area follows.

Click here for the full article

Sincerely,

Drew McCabe, President
Exchange Resource Group, LLC

Scroll To Top