April 15th May Cut Short Your 1031 & 8824 Info

By
Real Estate Services with ES Group

1031 exchanges include a 180 day exchange period unless you started your exchange in the previous year, say 2009, and April 15th cuts short your 180 period. If this is the case you must file for an extension to get the full 180 days.

NOTE: All 1031 exchanges must be filed on IRS Form 8824. For Form 8824 and applicable instructions, click here

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James Brennan

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