In 2017, Code Section 1031 was nearly repealed in its entirety, but was fortunately preserved just for business and investment real estate. 1031 exchanges do not apply to primary residences ...

Section 1031 of the Internal Revenue Code of 1986, as amended (the “Code”) provides that no gain or loss is recognized if certain qualifying property is exchanged solely for other qualifying ...

Section 13303(c) of the Tax Cuts and Jobs Act of 2017, P.L. 115-97 (the “TCJA”), amended Code Section 1031 to limit its application to exchanges of “real property” (“Section 1031 ...

Client Alert. March 5, 2010 Revenue Procedure 2010-14 – New Safe Harbor for Code Section 1031 Like-Kind Exchanges By Stephen L. Feldman and Arthur Man On March 5, 2010, the Internal Revenue ...

Revenue Ruling 2004-86 (July 20, 2004) held that (a) ... The Use of Delaware Statutory Trusts in Like Kind Exchanges Under Section 1031 of the Internal Revenue Code. Morris James LLP ...

The Pennsylvania Department of Revenue has taken the position that those rules do not allow like kind exchanges that are exempt from tax under Internal Revenue Code Section 1031 exchanges to be ...