In a 1031 exchange, two dates rule everything: 45 days to identify replacement property and 180 days to close. Miss either, and the exchange fails. There are almost no exceptions. Federal disaster relief is one of them. This fall, the IRS issued several new relief announcements that can postpone time-sensitive tax deadlines, and exchange deadlines […]
Author Archives: admin
07
Apr
Apr
Section 1032 – Exchange of Corporate Stock for Property Corporations can issue stock in exchange for property without recognizing any gain or loss, offering a tax-efficient way to raise capital. This provision encourages business growth while avoiding immediate tax liability, providing a method for companies to restructure or expand. Unlike 1031 exchanges, however, this section […]
07
Apr
Apr
Section 1032 – Exchange of Corporate Stock for Property Corporations can issue stock in exchange for property without recognizing any gain or loss, offering a tax-efficient way to raise capital. This provision encourages business growth while avoiding immediate tax liability, providing a method for companies to restructure or expand. Unlike 1031 exchanges, however, this section […]
16
Apr
Apr
Section 1032 – Exchange of Corporate Stock for Property Corporations can issue stock in exchange for property without recognizing any gain or loss, offering a tax-efficient way to raise capital. This provision encourages business growth while avoiding immediate tax liability, providing a method for companies to restructure or expand. Unlike 1031 exchanges, however, this section […]