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When you conduct a 1031 exchange, you are required to report the exchange to the Internal Revenue Service (IRS). This is the final step for claiming the indefinite tax deferral authorized under Section 1031 of the Internal...

Conducting a like-kind exchange under Section 1031 of the Internal Revenue Code is a complex process that is subject to several strict requirements. Meeting these requirements is essential—as failing to do so can result in...

While taxpayers who conduct 1031 exchanges can achieve significant tax savings, they must be able to prove that their exchanges qualify for indefinite tax deferral under the Internal Revenue Code. Improperly claiming...

Taxpayers seeking to conduct 1031 exchanges must make several important decisions early in the process. One of these decisions is whether to engage a 1031 qualified intermediary. There are several reasons why it might be...

Several strict requirements apply to like-kind exchanges under Section 1031. These include the requirement to “identify” a replacement property promptly. What does it mean to identify a replacement property—and how do...

Section 1031 of the Internal Revenue Code allows taxpayers to indefinitely defer tax liability on gains from the disposition of appreciated property in a like-kind exchange. This raises a key question: What qualifies as...

While we saw some major changes to the Internal Revenue Code (IRC) in 2025, one key IRC provision that did not change last year was Section 1031. As a result, conducting like-kind exchanges under Section 1031 remains a viable...

From the rise in real estate values during the COVID-19 pandemic to artificial intelligence (AI) companies’ efforts to acquire land for data centers nationwide, many real estate owners are facing the prospect of selling for...

If you started a 1031 exchange in 2025 and are planning to complete the exchange in 2026, there are some important considerations you need to keep in mind. These considerations relate primarily (but not exclusively) to the...

Conducting a 1031 exchange (or “like-kind exchange”) remains a viable tax deferral strategy for businesses and real estate investors in 2026. Eligible companies and individuals that conduct like-kind exchanges can defer...