In times of tight margins, every purchase must have a purpose with ROI top of mind. As you optimize your equipment, crop inputs, farmland and business intellect for the year ahead, take the time to ...

Owners of rental or investment property who want to sell it without paying capital gains taxes can at least defer them through a 1031 exchange. Named after the Internal Revenue Code section that ...

By Louis Rogers of Capital Square Navigating the complex tax rules of a Section 1031 exchange can be a complicated experience ...

As a result of the severe winter storms, flooding and mud slides that began in California on January 8, 2023, the IRS has issued an extension of the 45- and 180-day deadlines for IRC §1031 exchange ...

On April 28, 2021, President Joe Biden revealed a slew of tax proposals. One of these proposals involved curtailing the use of a long-standing planning tool — the Tax Deferred Like-Kind Exchange.

The “like-kind” or 1031 exchange was introduced in the 1920s to soften the tax burden on farmers looking to swap land. The rationale went something like this: If a taxpayer receives nothing in the ...

Business owners have long taken advantage of the tax deferral benefits of so-called “1031 exchanges” or “like-kind exchanges.” Generally, an exchange of property, like a sale, is a taxable event.

With tax reform nearing final passage in Congress, one of the most underlooked, but potentially overpowering, tax-advantaged investment tools is the 1031 exchange, which was spared major changes in ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Wells Fargo 1031 Exchange Services, a division of Wells Fargo & Company, said today the IRS has released a Private Letter Ruling (PLR) 201030020. Under the PLR, the ...