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John P.

By Drew McCabe | March 22, 2019

John P.

LuAnn is the best resource - she has the heart of a teacher, and she is incredibly responsive! When my 1031 potential project required a reverse 1031 Exchange, she got me in touch with Dan who determined ERG can handle this with no problems. A reverse exchange is much more complex than a conventional exchange, but LuAnn and Dan will pull it off - saving me $17,500 that would have gone to Uncle Sam! Give LuAnn a call - she will Know What To Do!
Exchange Resource Group, LLC
5
2019-03-22T10:17:55-06:00
LuAnn is the best resource - she has the heart of a teacher, and she is incredibly responsive! When my 1031 potential project required a reverse 1031 Exchange, she got me in touch with Dan who determined ERG can handle this with no problems. A reverse exchange is much more complex than a conventional exchange, but LuAnn and Dan will pull it off - saving me $17,500 that would have gone to Uncle Sam! Give LuAnn a call - she will Know What To Do!

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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

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