Houston Chronicle recently ran an Op-Ed by Randy Lee. Says small businesses are the backbone of the American economy accounting for 99.7% of all US employers. 1031 exchanges utilized through small businesses ultimately bring higher growth and more revenues for the...
To our many friends and clients. We want to say thank you. Thank you for your business. Thank you for your trust, confidence and loyalty. Happy Thanksgiving from IPX1031®. May the good things of life be yours in abundance, not only at Thanksgiving but throughout the...
Fourth Quarter 1031 Tip If you are a calendar year taxpayer and you begin a 1031 Exchange during the 4th quarter of 2016, your 180 day deadline for completing the exchange will fall in 2017 — the next tax year. Timing is crucial for your tax reporting. To properly...
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...
While the Presidential campaigns continue to duke it out, we and our industry association, the Federation of Exchange Accommodators (FEA), have been busy educating the candidates about the importance of Section 1031 like-kind exchanges. In September, 26 members of the...
Bloomberg BNA recently published a commentary by Dave Franasiak and additional lawyers. • Says provisions Sanders vows to eliminate are part of current law, not means for tax avoidance • Legislation opposing like-kind exchanges one area that could make headway in 2017...
September 2016 The saying “what is old is new again” is perfectly illustrated with the latest real estate trend. For decades developers have purchased apartment buildings and then converted and sold the apartments as individual condominiums to meet demand for...
