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 Tax Relief for Victims in Disaster SituationsRequirements for Postponement of 1031 Exchange Time PeriodsSpecial tax law provisions may help taxpayers recover financially from the impact of a disaster such as a flood, hurricane, tornado, wildfire or certain other natural disasters or catastrophic events, particularly when the federal government declares a location to be a Presidentially-declared disaster area often referred to as a federally-declared disaster. If the IRS releases an official notice, then Section 17 of Revenue Procedure 2007-56 provides extensions of certain time deadlines in a 1031 exchange. Read More » |
 The U.S. States People Are Fleeing (And The Ones They Are Moving To)
Each year families pack up their belongings and move to a new home, sometimes out of state. Tracking where they goâand where theyâre leaving fromâpaints an interesting picture of U.S. migration…Read More » |
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Celebrating 35 Years of Excellence in 1031 Exchanges
This year marks a major milestone for Asset Preservation, Inc. (API)â35 years of serving investors nationwide as a trusted 1031 exchange qualified intermediary. Since its founding in 1990 by Javier G. Vande Steeg, API has [...]
Wishing You Happy Holidays
Message from the President As we usher in the new year, and the new opportunities that it may present, we want to take a moment to express our sincere gratitude for your continued support of [...]
Wishing You a Very Happy Thanksgiving
As Thanksgiving approaches, we take this opportunity to reflect on the things we are most grateful for â and you, our valued customers, are at the top of that list. Your trust in us as [...]
Happy 1031 Day!
đImportant Information for Investors Beginning an Exchangeđ From October 17 â December 31, 2024 If your 1031 exchange is not complete by the due date for your tax return, you may need to file for [...]