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 in specified FEMA disaster areas. The IRS published Relief Notices for certain geographic areas of New York, New Jersey, Pennsylvania, Connecticut and for the states […]
1031 Exchange Update – Tax Relief for areas affected by Hurricane Ida: NY, NJ, PA, LA, and MS and Tax Relief for areas affected by the California Wildfires
Updated October 26, 2021 Hurricane Ida – Tax Relief for affected taxpayers in New York, New Jersey, Pennsylvania, Louisiana, and Mississippi Hurricane Ida made landfall on August 29th, 2021, and severely impacted those living in several Gulf States and the Eastern United States. Because of the damage and disruption caused by this historic storm, the […]
1031 EXCHANGE UPDATE: TAX RELIEF FOR TEXAS
1031 EXCHANGE UPDATE: TAX RELIEF FOR TEXAS The IRS Issues Disaster Relief For Taxpayers Affected By Severe Winter Storms In Texas By: James T. Walther, Esq., LL.M., General Counsel, Legal 1031 Exchange Services, LLC As you may be aware, the state of Texas was recently declared a FEMA disaster area due to the impact of […]