Blog Posts - 1031 Exchange Income Tax Issues



Leasehold Interest of Less Than 30 Years Not Like-Kind to Fee Simple Interest

Taxpayer Owns Leasehold Interest and Motel The taxpayer in this Tax Court Case (VIP's Industries, Inc., June 24, 2013) owned a leasehold interest that had a remaining term of twenty-ond (21) years and four (4) months.  The taxpayer had also con...
by 1031 Exchange Institute on Sep 7, 2013

1031 Exchanges: Welcome Back!

For real estate investors located in high tax rate states, such as California, the 1031 Exchange just moved to the top of their to-do list.  There were some very significant changes made to Federal and state tax codes, and a California r...
by 1031 Exchange Institute on Jan 7, 2013

1031 Exchanges: Welcome Back!

For real estate investors located in high tax rate states, such as California, the 1031 Exchange just moved to the top of their to-do list.  There were some very significant changes made to Federal and state tax codes, and a California real...
by 1031 Exchange Institute on Jan 7, 2013

1031 Exchange Tax Filing Deadline Just Around The Corner

Taxpayers that started a 1031 Tax Deferred Exchange during 2011 (i.e. the sale of the relinquished property closed in 2011) must file IRS Tax Form 8824 with their Federal Income Tax Returns.  IRS Form 8824 is used to report the results of the ta...
by 1031 Exchange Institute on Mar 4, 2012

1031 Exchange Tax Filing Deadline Just Around The Corner

Taxpayers that started a 1031 Tax Deferred Exchange during 2011 (i.e. the sale of the relinquished property closed in 2011) must file IRS Tax Form 8824 with their Federal Income Tax Returns.  IRS Form 8824 is used to report the results of the ta...
by 1031 Exchange Institute on Mar 4, 2012

1031 Exchanges Remain California FTB Audit Target

Section 1031 Tax Deferred Exchanges (commonly referred to as 1031 Exchanges, Tax Deferred Exchanges or Like Kind Exchanges) continue to be one of the California Franchise Tax Board's ("California FTB") top audit concerns as announced by the Californi...
by 1031 Exchange Institute on Jan 27, 2012


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