News

News

03/14/2019 / News

The PA Legislature Reintroduces Small Business Tax Reform Package

1031 NEWS UPDATE – TRY, TRY AGAIN – THE PA LEGISLATURE REINTRODUCES SMALL BUSINESS TAX REFORM PACKAGE, WHICH SEEKS TO RECOGNIZE IRC §1031 by James T. Walther, Esq. LL.M. This...
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02/27/2019

Filing an Extension to preserve 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...
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02/15/2019 / News

Investing in Opportunity Zones

INVESTING IN OPPORTUNITY ZONES BACKGROUND, BASICS, AND COMPARISON TO 1031 EXCHANGES by James T. Walther, Esq. LL.M. Introduction: Opportunity Zones (OZs) have frequently been a topic of discussion in the...
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01/27/2019 / News

Pennsylvania still doesn’t recognize 1031 Exchanges

By: James T. Walther, Esq., LL.M. Exchange Director, Legal 1031 Exchange Services, Inc. As we begin 2019, Pennsylvania is still the only state that does not fully recognize I.R.C. Section...
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01/12/2019 / News

1031 Exchanges and the Foreign Investment in Real Property Tax Act

A 1031 exchange is available to foreign sellers of real property held for productive use in a trade or business, or held for investment purposes, however, the foreign status of...
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10/19/2018 / News

IRC 1031 Exchanges and Disaster Relief

With 2018 hurricane season upon us, it is important for exchangers to understand the effects of Federally declared disasters, like Hurricanes Florence and Michael, on the strict deadlines for completing...
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07/20/2018 / News

David Feeser, Esq. CLE Presentation

Continuing Legal Education Presentation on Representing an IRC 1031 Client QUALIFIED David J. Feeser, Esq. Exchange Director for Legal 1031 Exchange Services, Inc. gave a presentation at the Springfield branch...
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04/03/2018 / News

It is never too early to prepare for a 1031 Exchange

It is never too early to prepare for a 1031 exchange. There are many options that should be considered when planning for an exchange. Advance planning can help the process...
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04/03/2018 / News

Legal 1031 Exchange Services, Inc. welcomes Feeser as Exchange Director

New York, NY Legal 1031 Exchange Services, Inc. has welcomed David Feeser, Esq., as its new exchange director. Feeser joined in March 2018 and has been utilizing his knowledge, experience and...
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01/12/2018 / News

How the Tax Code Rewrite Favors Real Estate Over Art

By Paul Sullivan Jan. 12, 2018 Of the many winners and losers in the overhaul of the tax code, one change makes real estate investors the biggest beneficiaries, while art collectors...
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