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1031 Exchanges Serve as Vital Stimulant for Economic Growth

By Dave Foster | April 24, 2013

Section 1031 like-kind exchanges stimulate economic growth. Repealing or restricting 1031 in the guise of tax reform could quash the nascent real estate recovery. CHICAGO, April 2, 2013 /PRNewswire/ — After several years, real estate values are beginning to recover and activity is steadily increasing. It’s a promising trend that needs to be supported, not…

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Keep up to date with IRS tax relief provided in disaster situations based on FEMA's declarations at the link below. 

Tax relief in disaster situations | Internal Revenue Service (irs.gov)

If you believe you may be in an area that qualifies for IRS Disaster relief, you can confirm via the link, and by confirming with your tax preparer regarding how it could affect your 1031 deadlines.

If you confirm with your tax preparer that you are eligible for an IRS Disaster extension, please reach out to ERG so we can make the necessary updates.

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