Forget cooking shows, America’s newest reality show obsession is watching real estate shows such as Flip This House, Flip or Flop, and Rehab Addict. Seeing how a house is bought at a bargain price, quickly transformed and sold for large profits can be scintillating....
updated June 2020 Be sure to read Strategically Buying Your Dream Vacation Home with a 1031 Exchange It’s the middle of summer and as investors dream about lazy days on the beach, a scorching hot question often asked this time of year is whether a vacation or second...
updated May 2020 Disaster Relief has changed. Be sure to read the most current Disaster Relief information Rev. Proc. 2018-58 here. Disaster Relief 2014 – IRS Issued Tax Relief & 1031 Extensions Deadlines for completing a 1031 Exchange are straightforward. Once...
updated May 2020 The Tax Cut and Jobs Act was signed into law on December 22, 2017, and took effect on January 1, 2018. Read about the impact the Tax Cut and Jobs Act had on Sec. 1031 here. 1031 Exchanges have been an integral part of real estate’s recovery. Now the...
updated May 2020 It’s here! After much planning and hard work, we have officially launched our new website at www.ipx1031.com. Designed with a fresh new look and user-friendly navigation, our site has been updated with the latest about our company, services and...
Watch out California property owners. Starting in January 2014, the tax man might come a knocking. In the past, if you have moved California investments via a 1031 Exchange out of California, from January 1, 2014 on, you will now be required to file an annual...
180 is the magic number. One hundred and eighty days. If you don’t complete your 1031 Exchange within the IRS mandated time frame, it’s simple. Failed exchange. However there can be exceptions when catastrophic events such as natural disasters occur and only if the...
