by William Horan | Jan 2, 2024 | 8824
If you closed on your 1031 exchange relinquished property in the last quarter of 2023 and still have an active 1031 exchange you may want to file an on-time tax return extension. The IRS 1031 regulations say: “The exchange period begins on the date the taxpayer...
by William Horan | Dec 5, 2017 | 8824, Realty Exchange Corporation, Reporting
We have published and distributed annually on our website www.1031.us the comprehensive IRS form 8824 Workbook by Ed Horan titled “Reporting the Like-Kind Exchange of Real Estate Using IRS Form 8824.” The workbook is written and made available...
by William Horan | Jul 29, 2014 | 1031 Strategies, 8824, Reporting, Tax Impact
Section 1031 exchanges are not included in net investment income ( NII ). The proposed IRS regulations to implement IRC Section 1411 were circulated for comment in December 2012. It was clearly stated in the prologue to the proposed regulations that deferred gain from...
