IRS Declines to Grant Further Pandemic Extensions to §1031 Taxpayers As you may know, the IRS extended certain 1031 deadlines to July 15, 2020 in consideration of the difficulties that taxpayers were experiencing due to the pandemic. Though the extensions expired on...
Referenced in: The Covid-19 pandemic has turned vacation plans upside down for Americans. Instead of booking flights to travel abroad, travelers are opting for road trips and extended stays at vacation homes and short-term rentals locally within the United States....
Maximize Your 1031 Options Some taxpayers who recently completed a 1031 Exchange by purchasing an investment property just prior to the start of the pandemic have witnessed a drop in revenue and/or property value. In some cases the value drop due to the economic...
IPX1031 EVP and Western Region Manager, Jennifer Keen, was recently quoted in ICSC’s June 26th article, Investors have a rare window to make high returns on 1031 exchanges, experts say by Brannon Boswell. Keen, along with other experts, talks about the current...
IPX1031 EVP and Western Region Manager, Jennifer Keen, recently participated as a 1031 expert panelist in Maximizing 1031 Exchanges webcast hosted by Marcus & Millichap. To view the webcast, click here. Keen, along with the other panelists, talks about the current...
Will Home Offices Be a New Normal? The shelter-in-place orders have had a significant impact on most of us, but one of the biggest changes for many people is that they are being asked to work from home. While most of us will go back to our regular workplace as quickly...
Airbnb and short-term rental property owners have felt the first-hand effects of Americans putting travel on hold due to Covid-19. Along with Americans limiting their travel, several states and local governments have put restrictions on short-term rentals, which has...
