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

Happy Thanksgiving from Asset Preservation, Inc.

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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 work hard to make sure that every exchange transaction is managed with the utmost care and professionalism.

API wishes you a happy Thanksgiving and holiday season!


Important Information for Investors Beginning an Exchange

From October 17 – December 31, 2020

Do Not File Your 2020 Income Tax Return Until Your Exchange Has Been Fully Completed.

The time frame you have to complete the acquisition of your replacement property ends at midnight on the earlier of the 180th day after the date you transferred the relinquished property OR the due date (including extensions) for your income tax return for the taxable year in which the transfer of the relinquished property occurs. (U.S. Treasury Regulations section 1.1031(k)-1(b)(2)).

This means if the 180th day following the closing of your first relinquished property falls after the due date for your 2020 tax return (this year, for individuals, April 17, 2021, you must file an application for extension of time with the IRS to extend the due date. If you do not file for an extension, you will NOT be able to acquire any replacement property in your exchange after your tax return due date.

Remember: If your exchange is not completed by the due date of your tax return — FILE AN EXTENSION.

If you have any questions, please call your Exchange Counselor at:

National Headquarters: 800.282.1031  – OR –  Eastern Regional Office: 866.394.1031


WEBINARS-Winter 1031 Exchange Update

Wednesday, December 2nd

12:00 PM – 1:00 PM EST

This fast-paced 45-minute webinar covers 1031 activity in both the commercial and residential markets, the status of the coming real property treasury regulations, what is happening in the pandemic, where and why investors are buying replacement properties, IRS audits, preserving section in the tax code/proposal to eliminate 1031 exchanges: what lies ahead, and Q&A.

Learn More & Register »

Thursday, December 3rd

11:00 AM – 12:00 PM EST
CPE Credit Available

This one-hour intermediate/advanced webinar provides a concise and thorough overview of 1031 exchanges for accountants, CPAs, and tax advisors. This webinar covers critical time deadlines, like-kind requirements, fractional ownership, oil/gas/mineral rights, related party transactions, partnership/LLC scenarios, reverse and improvement exchanges, and how to avoid common pitfalls.

Learn More & Register »

Monday, December 7th

2:00 PM – 4:00 PM CT
CLE/CPE Available

This two-hour course for commercial brokers provides a concise and thorough overview of IRC Section 1031 tax-deferred exchanges. This webinar tackles advanced issues such as partnership/LLC scenarios, creative property variations such as perpetual cellular easements (cell towers), fractional ownership, transferable development rights, reverse and improvement exchanges, how to avoid common pitfalls and related-party transactions.

Learn More & Register »


We Love Our Happy Customers

One phone call and they took care of everything, no questions – no problems.

  • – DOUGLAS B., TEXAS

Support Retention of IRC Section 1031 Like-Kind Exchanges

Tell your elected officials how 1031 exchanges have benefited you, your business, and your community. 1031 exchanges have been a vital part of investment transactions and U.S. tax policy since 1921.

Please take a few minutes to send a message to your elected officials.

Take Action »


Watch Now »


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    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 [...]

    Comments Off on Wishing You a Very Happy Thanksgiving!

    Happy 10-31 Day from Asset Preservation!

    By |October 24th, 2019|Categories: Uncategorized|

    FTB Notice 2019-05 Imposing the Failure to Withhold Penalty Against Qualified Intermediaries Who Actively Participate in Certain Improper Like-Kind Exchange Transactions The purpose of this Notice is to inform qualified intermediaries ("QIs") that the [...]

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    Executive Global Interview with Javier G. Vande Steeg

    By |September 5th, 2019|Categories: Uncategorized|

    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 [...]

    Comments Off on Executive Global Interview with Javier G. Vande Steeg
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