Statutory Limitations on Like-Kind ExchangesThe proposed regulations provide guidance implementing changes enacted in the Tax Cuts and Jobs Act (TCJA). These proposed regulations amend the existing regulations adding a definition of real property reflecting statutory changes limiting section 1031 to exchanges of real property. The proposed regulations provide a rule addressing a taxpayer’s receipt of personal property that is incidental to real property. They also affect taxpayers that exchange business or investment property for other business or investment property in determining whether the exchanged properties are real property for Section 1031 purposes. Read More » |
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1031 Tax Filing Requirements: The “Due Date of the Return” Rule That May Shorten Your 180-Day Period
If you sold late in 2025 and you’re still shopping for replacement property, your exchange deadline may be earlier than you think, unless you extend your return. In a delayed 1031 exchange, the replacement-property deadline [...]
Wishing You Happy Holidays
Message from the President As the holiday season arrives and we look ahead to the New Year, we would like to take a moment to express our sincere appreciation for your continued trust in Asset [...]
🍂 Thanksgiving Gratitude & Key 1031 Updates
As we enter this season of gratitude, all of us at API want to extend our sincere appreciation to you—our valued customers. Your ongoing trust and partnership mean more than we can express. 🧡 Thanksgiving [...]
Happy 1031 Season
👻DON'T BE SCARED OF ALTERNATIVE REAL ESTATE INVESTMENTS👻 DSTs & UPREITs Explained Watch this quick video that explains DSTs & 721 UPREITs in plain English — how they work and where they may fit with [...]