We are thrilled to have our Vice President, Jeff Horan, join the Federation of Exchange Accommodators (FEA) Board. Realty Exchange’s President, Bill Horan, served on the FEA board for many years and Jeff is looking forward to following suit. FEA leads the way in...
MARGO MCDONNELL CERTIFIED EXCHANGE SPECIALIST® PERPETUAL AWARD PRESENTED TO WILLIAM ‘BILL’ HORAN, CES®AT NATIONAL CONFERENCE HELD VIRTUALLY (Sept. 22 – 25, 2020) – A delegation of more than 200 members of Federation of Exchange Accommodators (FEA) attending the...
Treasury Notice 2020-23; this Notice provides an extension to July 15, 2020 for taxpayers whose 45-day identification period or 180-day exchange period fall between April 1, 2020, and July 14, 2020. Likewise, taxpayers engaged in reverse exchanges whose 45th day to...
Many of our clients are contacting us regarding the status of their 1031 exchanges due to the ongoing measures being implemented in response to the COVID-19 pandemic. We are monitoring the situation closely and wanted to provide an update to our clients regarding the...
IRS issued guidance relating to deferral of gains. The IRS issued proposed changes on April 17, 2019 to their draft proposed regulation on IRC section 1400Z-2, relative to Qualified Opportunity Fund investments....
The TCJA was enacted in December of 2017. Some states have not changed their ‘date of conformity’ to conform to the provisions of the federal Tax Cut and Jos Act (TCJA). Personal property can no longer be exchanged under federal law, 1031 exchanges are limited to real...
