1031 Exchanges

Breaking: NAR Gets More Deadline Relief on 1031 Exchanges, Opportunity Zones

By Candy Evans / April 10, 2020 /

Just in from the National Association of Realtors: The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.  Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to…

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End of the Year Tax Planning: Time for a Second Home?

By Candy Evans / December 24, 2010 /

We met with our CPA to see what, if anything, we could do for 2010 taxes. Turns out the ATM fixes it so that many people cannot deduct property taxes, and Texas, unfortunately, has some of the highest in the land. (Alas, we do not have a state income tax, at least not yet.) We…

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