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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Pitfalls to Avoid in a 1031 Exchange
Advanced 1031 Exchange Webinar for Commercial Brokers Tuesday, June 29th from 12 PM - 2 PM CT CE Available This two-hour course for commercial brokers provides a concise and thorough overview of 1031 exchanges. [...]
Build-for-Rent (BFR): An Emerging Replacement Property Asset for 1031 Exchange Investors
Historically, construction for multi-unit rental properties has consisted of apartment buildings and smaller multi-family properties in the two to four-unit ranges. However, a new category of multi-unit rental property has been attracting more attention [...]
February 1031 Exchange Update
New Fast-Paced Webinar! This webinar provides an overview of 1031 exchanges and the delayed exchange rules and time requirements – all in only 10 minutes and 31 seconds. This is [...]
Wishing You Happy Holidays from Asset Preservation, Inc.
Dear Clients, Friends, and Family: It has been 30 years since Asset Preservation, Inc. (API) first opened its doors, and I want to express my sincere gratitude for the opportunity to work with you [...]