Happy Holidays from API's President Tax Opportunity Window Closing for Investors on 12/31/12 It’s almost impossible to watch the news on television or read any financial publication and not hear about the looming “fiscal cliff” [...]

2012 Reviewed and Changes for 2013 There have been numerous developments related to IRC Section 1031 during 2012. In addition, significant tax law changes are slated to take effect beginning in 2013, although there is [...]

IRS Approves 1031 Exchange Involving 2 Related Parties Private Letter Ruling 201242003 addresses a relatively creative situation involving two related parties that both intended to acquire the same replacement property in accordance with IRC Section [...]

Like-Kind Property: Does Federal or State Tax Law Control? The Internal Revenue Service’s Chief Counsel Advice (CCA) #201238027 addresses the issue of whether state law characterizations of property as real or personal are determinative of [...]