The IRS has issued extensions of exchange transactions under the guidelines set forth around federally declared disasters in California, Florida, and Louisiana. Accruit suggests that affected taxpayers consult with their tax and legal professionals as well as confirm on IRS website for any updates.

Do you have property that is eligible for 1031 exchange, but you're not sure what to replace it with? In the world of like-kind exchange, there are options that are more complex than simply exchanging one building for another. Join Dan Raupp of Fortitude Investments, and David Gorenberg, Managing Director of Accruit, as they discuss the basics of 1031 exchanges and replacement property options including NNN, TICs, DSTs and more.

Don't get caught by the grim reaper. The 1031 exchange regulations are designed to prevent people from "tricking" their way into an exchange. For those who follow the process, they are "treated" with a deferral on capital gains taxes, allowing them to grow and diversify investments.

Do you have property that is eligible for 1031 exchange, but you're not sure what to replace it with? In the world of like-kind exchange, there are options that are more complex than simply exchanging one building for another. Join Roy Pfleger of RVP II Consulting, and David Gorenberg, Managing Director of Accruit, as they discuss the basics of 1031 exchanges and replacement property options including NNN, TICs, DSTs and more.

Accruit has always advocated for the preservation of 1031 exchange. Exchanges provide economic stimulus on the local level, which is especially important in times of economic uncertainty such as these. As members of the Federation of Exchange Administrators (FEA), Accruit is an active participant in the work that is being done to preserve Section 1031 of the Internal Revenue Code. The FEA is incredibly important to our industry and we are proud to be members and support the work they are doing.