Articles and Publications

IRS FAVORS NEW §1031 TAX-DEFERRAL AVENUE: Recent Rulings Provide Guidance for Improvement Exchange

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New York Law Journal/April 18, 2003 – The topic of the article is how to structure an exchange where the taxpayer already owns the replacement property and wishes to make an improvement on it. Rev. Proc. 2004-51 casts some doubt on whether or not this is still a viable form of exchange.