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IRS GUIDANCE EXTENDS 1031 EXCHANGE DEADLINES

Email   Print A Solution for Some Partnerships in 1031 Exchanges A common problem occurs when a partnership (or LLC taxed as a partnership) plans to sell an investment property and some partners want cash while others want to defer taxable gain by having the partnership complete a Section [...]

By |2020-04-10T10:39:01-07:00April 10th, 2020|Uncategorized|Comments Off on IRS GUIDANCE EXTENDS 1031 EXCHANGE DEADLINES

IRS Guidance Extends 1031 Exchange Deadlines

Email   Print IRS GUIDANCE EXTENDS 1031 EXCHANGE DEADLINES On April 9, 2020 the IRS issued Notice 2020-23. This Notice extended many deadlines for taxpayers affected by the COVID-19 pandemic including Section 1031 exchange time deadlines. This Notice provides that any person performing a time-sensitive action listed in either [...]

By |2024-02-19T13:29:44-08:00April 10th, 2020|Uncategorized|Comments Off on IRS Guidance Extends 1031 Exchange Deadlines
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