October 11, 2022
1031 EXCHANGE UPDATE – TAX RELIEF FOR FLORIDA, NORTH CAROLINA, AND SOUTH CAROLINA DUE TO HURRICANE IAN
October 5, 2022 On September 29th, 2022, Hurricane Ian made landfall and severely impacted the state of Florida and subsequently, Tropical Storm Ian severely impacted the Carolinas. Because of the...
Read More
September 30, 2022
1031 EXCHANGE UPDATE – TAX RELIEF FOR AREAS OF MISSISSIPPI AFFECTED BY THE WATER CRISIS
September 28, 2022 On August 30, 2022, areas of Mississippi were affected by a water crisis. Due to the disruption caused by the water crisis, the IRS issued tax relief...
Read More
September 30, 2022
1031 EXCHANGE UPDATE – TAX RELIEF FOR PUERTO RICO DUE TO HURRICANE FIONA
October 19, 2022 On September 17, 2022, Hurricane Fiona made landfall and severely impacted areas of Puerto Rico. Due to the damage, flooding, and disruption caused by the storm, the...
Read More
September 20, 2022
1031 EXCHANGE UPDATE – TAX RELIEF FOR AREAS OF ARIZONA AFFECTED BY HEAVY STORMS
September 28, 2022 On July 17 and July 18, 2022, areas of Arizona were hit with severe storms. Due to the damage, flooding, and disruption caused by the storms, the...
Read More
August 24, 2022
TAX RELIEF FOR AREAS OF KENTUCKY AND MISSOURI AFFECTED BY HEAVY STORMS
August 2, 2022 Updated August 24, 2022 In late July 2022, areas of Kentucky and Missouri were hit with severe summer storms. Because of the damage, flooding, and disruption caused...
Read More
July 21, 2022
1031 EXCHANGE NEWS UPDATE: Pennsylvania Conforms its State Tax Code to Federal §1031
By: James T. Walther, Esq., LL.M. General Counsel, Legal 1031 Exchange Services, LLC Summary: Pennsylvania now recognizes 1031 Exchanges for individuals and partnerships. For tax years beginning after December 31, 2022,...
Read More
March 31, 2022
Truist Insurance Holdings, Inc. acquires Kensington Vanguard National Land Services, LLC and Legal 1031 Exchange Services, LLC
445 Broad Hollow Road, Suite 25 Melville, NY 11747 p 877.701.1031 f 877.703.1031 March 28, 2022 Legal 1031 Exchange Services, LLC (“Legal 1031”) is pleased to announce that Kensington Vanguard...
Read More
January 24, 2022
1031 Exchange Update: Avoid a Tax Season Trap by Preserving Your 180 day Exchange Period
IRC Section 1031 requires that taxpayers acquire all replacement property by the earlier of 180 days from the sale of the relinquished property or the Federal tax return due date...
Read More
January 8, 2022
Update on 1031 Tax Relief for Hurricane Ida NY, NJ, PA, CT, LA, and MS
Updated January 2022 due to IRS revisions/extensions Hurricane Ida made landfall on August 29th, 2021, and the IRS issued tax relief to those who reside, or who have businesses located...
Read More
December 9, 2021
Legal 1031 end of the year update and December continuing Education Class Announcement
Legal 1031 end of the year update and December continuing Education Class Announcement We hope everyone is enjoying the start to their Holiday Season! Please find year end updates and...
Read More