This year we are incredibly grateful to be celebrating 29 years of facilitating 1031 Exchanges. Our goal as a company has and always will be to help our clients protect equity in their investments, and give them the freedom to pursue their goals. Thank you so much to everyone who’s helped us do so, and we look forward to what the future holds!
Wishing you a Happy 1031 Day from Felonius Gru and your favorite minions!
Support Retention of 1031 Exchanges
Tell your elected officials how Section 1031 like-kind exchanges have benefited you, your business, and your community! Section 1031 has been a vital part of everyday business transactions U.S. tax policy since 1921.
Please take a few minutes to send a message to your elected officials.
Use Our Capital Gains Calculator to Find Out
Attention Important Information for Investors Beginning an Exchange From October 17 – December 31, 2020…
Do Not File Your 2020 Income Tax Return Until Your Exchange Has Been Fully Completed.
The time frame you have to complete the acquisition of your replacement property ends at midnight on the earlier of the 180th day after the date you transferred the relinquished property OR the due date (including extensions) for your income tax return for the taxable year in which the transfer of the relinquished property occurs. (U.S. Treasury Regulations section 1.1031(k)-1(b)(2)).
This means if the 180th day following the closing of your first relinquished property falls after the due date for your 2020 tax return (this year, for individuals, April 17, 2021, you must file an application for extension of time with the IRS to extend the due date. If you do not file for an extension, you will NOT be able to acquire any replacement property in your exchange after your tax return due date.
Remember: If your exchange is not completed by the due date of your tax return — FILE AN EXTENSION.
If you have any questions, please call us at 503-635-1031!
HAPPENING NOW…
The Equity Advantage YouTube Channel’s Spooky 1031 Day Fun!
Head to our channel and watch our latest logos transform into spooky 1031 day fun. No tricks… just treats, so come join in.
Visit our Video Library for more videos!
Free SAVE THE 1031 WEBINAR Tax Reform, 1031 Exchange, and the DST…
Moderated by David Moore for 1 Oregon Credit Hour
We invite you to join David Moore and our newest guests, Dan Wagner of The Inland Real Estate Group and Bob Smith, Financial Advisor at Peregrine Private Capital Corporation as they discuss tax reform, 1031 exchanges and the DST. During this one-hour session you will learn about the use of a 1031 Exchange, potential tax reform threats to its existence, and the Delaware Statutory Trust (DST).
The Guys With All The Answers…
David and Thomas Moore, the co-founders of Equity Advantage & IRA Advantage
Whether working through a 1031 Exchange with Equity Advantage, acquiring real estate with an IRA through IRA Advantage or listing investment property through our Post 1031 property listing site we are here to help Investors get where they want to be. About Us…
