Is 10-31’s Grim Reaper here on our most sacred day? The House’s new tax reform bill will be released November 1st and the Senate’s shortly thereafter. Tell Congress to NOT let 1031 Rest in Peace. Celebrate 10-31 Day by sending or re-sending letters. Take 60 seconds to #protect1031 so it’s not our last 10-31 Day. Click here. to send.
1031 Exchange Partnership Issues: Maintaining Tax Deferral for Partnerships and Exiting Partners
Frequently investors pool money and form partnerships or LLCs* to acquire and operate investment properties. Partnerships can defer their taxes utilizing 1031 Exchanges when they sell their properties. Although partnerships and LLCs are well suited for owning and...