COVID-19 Updates
1031 Exchange Time Frames Extended by the IRS
Dear Valued Client/Partner, We are pleased to share the following information with you. Yesterday afternoon, the IRS issued guidance (Notice 2020-23) providing time-constraint relief for Section 1031 Like-Kind Exchanges. Under this deadline extension language, it appears that any 45-day or 180-day deadline occurring between April 1 and July 14 will be extended to July 15,…
Read MoreReal Estate and 1031 Exchange Considerations in the Face of the COVID-19 Pandemic
Dear Valued Client/Partner, We wanted to reach out to address the current situation with the Coronavirus (COVID-19) and the actions we are taking. Our first priority is always the safety and health of our customers, partners and employees. ERG remains open for business and will continue to offer complete 1031 Exchange support and responsiveness through…
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