IRC Section 1031 requires that taxpayers acquire all replacement property by theRead More
An update to an Article that we posted earlier this year discussing the Pennsylvania Legislature’s current efforts to recognize 1031 exchanges. As of July 2021, many PA small businesses and landlords cannot utilize the 1031 exchange to efficiently transition into new real estate investments.
Is it possible PA taxpayers will be able to utilize Section 1031 like-kind exchanges in 2021?
For more on how the law in Pennsylvania may affect a 1031 exchange, see our other articles.Read More