James T. Walther, Esq., LL.M., General Counsel Julia Mastrotto, Esq., Counsel  As a national qualified intermediary, we are frequently asked by investors selling U.S. real estate if they can utilize...

November 4, 2022 By: Julia Mastrotto, Esq., Counsel In an IRC Section 1031 exchange, the exchanger has 45 days from the date of sale to identify replacement property, and up...

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...

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...

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...

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...

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...

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,...