October 29, 2021 1031 Zombie Legislative Update What a week it has been for the living! The proposal to cap Sec 1031 like-kind exchanges at $500,000, effectively a repeal of this important tax-deferral, tax-timing tool, is Zombie legislation. It’s a bad idea that...
1031 Tricks and Treats for 4th Quarter Transactions As we head towards year’s end, real estate transactions structured as tax deferred 1031 Exchanges continue at a record pace. Here are some tricks and treats for fourth quarter transactions that may help your real...
Congratulations to IPX1031’s Suzanne Goldstein Baker. This year beginning in 2021, Federation of Exchange Accommodators (FEA) has added a fourth class of members known as Life Members. A Life Member shall be a former member retired from the profession and...
September 2021 1031 tax policy is justified. It’s proven and sound. Limiting or eliminating Section 1031 is a truly ineffective pay-for. Our own IPX1031 Suzanne Goldstein Baker’s latest piece just published in Tax News Federal (PDF version here) explains why: Tax...
The demand for tax deferred 1031 Exchanges continues its record pace. If you are planning to sell your investment property with the goal of maximum 1031 tax deferral, the most important party to be concerned about is your Qualified Intermediary (QI). Why? Your QI is...
September 2021 1031 Will Be In or Out The House recently passed the 2022 reconciliation Budget Resolution that sets up work on the 3.5 trillion infrastructure plan including social programs and tax increases. It is the tax increases that threaten Section 1031 with a...
August 2021 On August 11, the U.S. Senate approved an amendment to preserve Section 1031 in its current form. The amendment was offered by Sen. Kennedy (R-LA) as part of the budget resolution Vote-a-Rama, and it passed by unanimous voice vote. While the passage of...
