Legal 1031 in the News

Over the years, the Legal 1031 Team has authored numerous articles and other material on 1031 exchanges and other tax topics, appeared on various radio programs and have been quoted in periodicals such as the New York Times.

Recently, our Team has been quoted in and authored several articles on the current Administration’s tax reform proposals. In addition, over the past year, the Team was also quoted in articles regarding recent IRS guidance, which we also shared below:

 

Tax Reform and Section 1031

  • Legal 1031 Exchange Services President Todd R. Pajonas, Esq. shared his thoughts on the White House’s tax reform proposals with the Wall Street Journal. Todd discussed the effect that the proposals would have on investor behavior.

Biden Tax Proposal Would Squeeze Apartment-Building Owners, Wall Street Journal, May 11, 2021, Will Parker.

 

  • As advocates for the preservation of Section 1031, Todd Pajonas, Esq. and Legal 1031 General Counsel James T. Walther, Esq., LL.M. shared their thoughts with Kristen Parillo of Tax Notes regarding the impact that repeal or limitation of Section 1031 would have on the real estate market, the real estate industry, and related industries.

“Like-Kind Exchange Proposal Is a Job Killer, Say Pros,” Tax Notes Federal, May 3, 2021, pp. 788-790, Kristen Parillo.

 

  • Todd Pajonas, Esq. authored an article for Globe Street discussing the political aspects of potential tax reform proposals that would seek to limit or repeal IRC Section 1031.

The Political Path to Repeal the 1031 Exchange” published on GlobeSt.com,  March 15, 2021.

 

Other articles featuring The Legal 1031 Team

  • Our Team recently commented on the Final Regulations defining “real property” for purposes of Internal Revenue Code Section 1031 Tax Deferred Exchanges

“Final Like-Kind Exchange Regs Seen as Positive,” Tax Notes Federal, Dec. 7, 2020, pp. 1662-1663, Kristen Parillo. 

 

  • Todd Pajonas, Esq. shared his thoughts on the manner in which the IRS handled the extensions of 1031 exchange deadlines during the Covid-19 disaster of 2020.

“Practitioners Seek Clarity on Like-Kind Exchange Extensions,” Tax Notes Federal, Nov. 16, 2020, pp. 1176-1178, Kristen Parillo. 

 

Recent articles authored by our Team:

 

 

 

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