by William Horan | Aug 1, 2018 | Realty Exchange Corporation, Related Parties
Internal Revenue Code (IRC) Section 1031(f) establishes the special rules for exchanges between related parties. In addition, the IRS published “Revenue Ruling 2002-83” in November 2002, to clarify the purchase by an exchanger of the replacement property from a...
by William Horan | Jan 1, 2008 | Federal Law, Regulations, Related Parties, Reporting
By Ed Horan, Certified Exchange Specialist® Basic Rule While not specifically stated in IRC 1031 a basic rule when doing a like kind exchange is that there must be continuity of title. This is often called the “same taxpayer rule”. It means that title to the interest...
