09/10/2019 / News
California Selectively Conforms to Changes to IRC Section 1031 Made by the Tax Cuts and Jobs Act, but Still Leaves Opportunity Zones on the Sidelines for Now
James T. Walther, Esq., LL.M. General Counsel Legal 1031 Exchange Services, LLC September 10, 2019 With the recent enactment of AB-91 “Loophole Closure and Small Business and Working Families Tax...
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04/08/2019 / News
10 Common Misconceptions About 1031 Exchanges
By: James T. Walther, Esq., LL.M. Exchange Director, Legal 1031 Exchange Services, Inc. What is a 1031 Exchange? Although tax deferred exchanges have been part of the Tax Code...
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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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