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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API’s 25th Anniversary
Asset Preservation's 25th Anniversary! "It is with great pleasure (and a bit of shock) that I announce API’s 25th anniversary! In 1990, three of us started API as a subsidiary of Placer Title Company in [...]
New Related Party Case & Study Supports Economic Benefits of Exchanges
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1031 Exchanges Under Attack! Help Support the Real Estate Industry Now
1031 Exchanges Under Attack! Help Support the Real Estate Industry Now Paul Ryan (WI), the Chair of the House Ways & Means Committee, has said he intends to pass a tax reform bill through the [...]
President Obama’s Proposed Tax Increases: Use 1031 Exchanges to Purchase More Property
President Obama’s Proposed Tax Increases Use 1031 Exchanges to Purchase More Property President Obama, in his State of the Union address on January 20th, outlined a number of tax increase proposals that his Administration projects [...]