News

December 16, 2024

Corporate Transparency Act: Nationwide Stay Issued by Texas Court

REAL ESTATE AND BUSINESS LAW ALERT TEXAS COURT ISSUES A NATIONWIDE STAY RESTRICTING ENFORCEMENT OF THE CORPORATE TRANSPARENCY ACT December 13, 2024 James T. Walther, Esq., LL.M. General Counsel Last...
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November 2024 Disaster Relief Update
November 29, 2024

November 2024 Disaster Relief Update

Throughout the month of November, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas....
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The IRS offers October 2024 disaster tax relief for 1031 exchanges and tax filings due to hurricanes, storms, and wildfires, extending deadlines for affected areas.
October 31, 2024

October 2024 Disaster Relief Update

Throughout the month of September, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas....
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Tax Straddles – Navigating the Complexities of an Exchange Spanning Two Tax Years
October 28, 2024

Navigating the Complexities of 1031 Tax Straddles

When a 1031 exchange crosses over from one tax year to the next, it creates a unique scenario called a “tax straddle.” This strategy can offer valuable, short-term deferral benefits...
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Tax Relief For 7 States Affected By Hurricanes Milton & Helene
October 21, 2024

Tax Relief For 7 States Affected By Hurricanes Milton And Helene

October 16, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for Hurricane Helene (multiple states and Notices)...
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October 8, 2024

Legal 1031 Exchange Services, LLC Announces Complimentary Fall 2024 CLE Series

Legal 1031 Exchange Services, LLC is pleased to announce our upcoming Complimentary Continuing Legal Education (CLE) Series: A Basic Guide to IRC 1031 Tax Deferred Exchanges. This exclusive series offers...
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October 1, 2024

Tax Relief for New York & Connecticut Areas Affected by Storms & Flooding

September 27, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for severe storms and flooding that began...
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September 27, 2024

September 2024 Disaster Relief Update

Throughout the month of September, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas....
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August 2024 Disaster Relief Update
August 30, 2024

August 2024 Disaster Relief Update

Throughout the month of August, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas....
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August 23, 2024

Tax Relief For States Affected By Hurricane Beryl & Hurricane Debby

August 23, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for Hurricane Beryl (67 counties in Texas,...
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