Asset Preservation's 1031 Exchange eNews | 800.282.1031|info@apiexchange.com

Executive Global Interview with Javier G. Vande Steeg

Click here to read a Fall, 2019 interview of Javier G. Vande Steeg, Asset Preservation’s President and Co-Founder by Executive Global. Mr. Vande Steeg talks about 1031 tax deferral, wealth creation and other issues of interest to business owners and real estate investors. Executive Global offers a unique insight into the state of global business in the contemporary age, bringing together the most renowned business personalities and economists of the modern era to deliver the statistics, thorough analysis, strategy, and foresight required to make informed business decisions. Read More »


Purchasing Replacement Property from a Builder

When a taxpayer considers purchasing new construction from a builder as replacement property in a 1031 exchange, they should be aware of many factors in advance of the contemplated 1031 exchange transaction… Read More »


1031 Basics: Can Foreign Investors Do 1031 Exchanges?

Congress enacted the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) to impose a tax on foreign persons when they sell a U.S. real property interest. A “foreign person” includes a non-resident alien, foreign partnerships, trusts, estates and corporations which have not elected to be treated as a domestic corporation under IRC §897(i). For U.S. property dispositions subject to FIRPTA,… Read More »


WEBINARS

1031 Exchanges -OR- Opportunity Zones versus 1031 Exchanges…You Pick.

Thursday, September 26th

1:00 PM – 2:00 PM PST
CPE Available

§1031 Tax-Deferred Exchange Issues in Today’s Market. This intermediate -advanced level webinar provides a concise and thorough overview of 1031 exchanges for accountants, CPAs, and tax advisors. Register »

Wednesday, October 2nd

1:00 PM – 2:40 PM EST
CLE/CPE Available

Gain an in-depth understanding of Section 1031 like-kind exchanges and Opportunity Zone (OZ) investments, including the purpose, tax incentives, time deadlines, requirements for deferral. Register »


 

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– Lori, Massachusetts


IRS Issues Guidance on Making & Revoking Bonus Depreciation Elections

In Rev Proc 2019-33 the IRS provides guidance allowing a taxpayer to make or revoke certain bonus depreciation elections that were potentially affected by the Tax Cuts and Jobs Act changes to the bonus depreciation rules. The guidance applies to certain property acquired by the taxpayer after September 27, 2017, and placed in service by the taxpayer during its tax year that includes…Read More »


Asset Preservation, Inc. (API) congratulates The Federation of Exchange Accommodators (FEA) for 30 years of service to the #1031exchange industry. Read More »

Suburbs Are Cool Again, and Younger Generations Swoop In

Millenials are moving out of the city and heading to the suburbs in droves. The suburbs account for 14 of the 15 fastest-growing U.S. cities according to the U.S. Census Bureau. Read More »


July 1, 2019: Higher New York Real Estate Transfer Taxes

New York Governor Andrew Cuomo signed New York’s 2019-2020 budget into law. One section of the new law will increase the transfer tax rates that apply to real estate transactions in New York City. Read More »


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    IRS Notice Extends 1031 Exchange Deadlines

    By |April 10th, 2020|Categories: Uncategorized|

    Breaking News On April 9, 2020 the IRS issued Notice 2020-23. This Notice extended many deadlines for taxpayers affected by the COVID-19 pandemic including Section 1031 exchange time deadlines. This Notice provides that any person [...]

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    Top 1031 Exchange Pitfalls

    By |March 10th, 2020|Categories: Uncategorized|

    Top 1031 Exchange Pitfalls Taxpayers should always review all aspects of any 1031 exchange with competent tax/legal advisors familiar with your specific transaction, objectives and the relevant facts. This article addresses some of the [...]

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    20191217-2

    By |December 16th, 2019|Categories: Uncategorized|

    Dear Friends, As the Holidays rapidly approach us, I wanted to take a moment and thank you all for your business, your loyalty, and your work this past year. 2019 was another very busy [...]

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    Wishing You a Very Happy Thanksgiving!

    By |November 18th, 2019|Categories: Uncategorized|

    Thank you for referring your 1031 exchange transactions to Asset Preservation, Inc. (API) over the years. We appreciate the opportunity to provide excellent service on each and every 1031 exchange. We will continue to [...]

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