In 2017, Code Section 1031 was nearly repealed in its entirety, but was fortunately preserved just for business and investment real estate. 1031 exchanges do not apply to primary residences ...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

Most investors and agents have heard about Section 1031, but few actually take the time to understand all the requirements you must satisfy to utilize Section 1031 of the Internal Revenue Code to ...

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 ...

When you are selling vacant land or non-owner occupied property held for commercial or investment purposes, you need to consider structuring the sale as an Internal Revenue Code ("Code") Section ...

Summary. On June 11, 2020, the Treasury Department released proposed regulations regarding like kind exchanges under Internal Revenue Code section 1031 (“1031 Exchange”).The regulations ...

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 ...

Real estate investors may be familiar with the acronym DST, which in the context of Internal Revenue Code Section 1031 like-kind exchanges, refers to a Delaware Statutory Trust.

The New Year brings with it a welcomed tax change to Pennsylvania: the recognition of Internal Revenue Code (IRC) Section 1031 like-kind exchanges. Under the federal tax rules, gain or loss is ...