When a taxpayer intends to acquire multiple Replacement Properties, with some properties closing before the Relinquished Property sale and some properties closing after, both the Forward and Reverse Exchange structures can be combined to maximize the tax deferral. ...
If you are thinking of selling your dual use property – a primary residence property which is also used for business or investment purposes – you may qualify for the benefits of two sections of the Internal Revenue Tax Code. By combining IRC Sections 121 and 1031 in...
Portland, OR – [September 22, 2016] – Investment Property Exchange Services, Inc. (IPX1031®) has strengthened its Pacific Northwest operation with new talent this month in a response to growth in the marketplace. In addition to enhancing its exchange coordination...
When setting up or completing a 1031 Exchange taxpayers need to be mindful of the rules and procedures set forth in the tax code. These are five of the common mistakes that occur: 1) Not looking for Replacement Property soon enough. 2) Not starting a 1031 Exchange in...
Pokémon are suddenly taking over the world. Why the staggering hype with Pokémon? Pokémon Go is a new mobile game that blends real and digital worlds together using your phone’s location services and camera so that you can catch virtual Pokémon in real life. The game...
2025 Misconceptions | 2024 Misconceptions | 2023 Misconceptions | 2022 Misconceptions | 2021 Misconceptions | 2020 Misconceptions | 2019 Misconceptions | Common 1031 Misconceptions Here are a few of the 1031 Exchange topics we get asked about the most. 1. The...
updated May 2020 Be sure to read: 1031 Cybercrime and Are Cybercriminals Targeting Your 1031 Funds? Cyber Fraud – an Emerging and Worsening Threat Take Key Steps to Combat It Simply put, cyber fraud is when credit and financial information is stolen online by a...
