Important Information For Investors Beginning An Exchange   From October 17 – December 31, 2014 The time frame an exchanger has to complete the acquisition of a replacement property in a 1031 exchange ends at midnight on [...]

1031 Exchanges and Investments in REITs Real estate investors frequently ask the question “Can I do a 1031 exchange of the relinquished property proceeds into a REIT (Real Estate Investment Trust) as replacement property?” REITs [...]

Intent To Hold For Investment: 12-Year Holding Period Lessons From Allen v. United States Is a 12-year holding period long enough for property to be considered to be “held for investment?" At first blush, a [...]

California FTB Denies Exchange Based on Cash Out at Closing: Analysis and Response It’s no secret that the California Franchise Tax Board (“FTB”) has become very aggressive in challenging 1031 exchanges.  In a recent audit, [...]