1031 Updates

The items listed here are for informational purposes and are not intended as authoritative tax advice. You should discuss the application of these items to your tax situation with your tax advisor.

• Two Party TIC Arrangements Approved
  PLR 200826005
  PLR 200829012
  PLR 200829103
  
• Housing Assistance Tax Act of 2008
• Amendment to Section 121 - Gain on Sale of Principal Residence
• IRS Revenue Procedure: Treatment of Vacation Homes To/From Personal Residence
• IRS Private Letter Ruling: Acquire Replacement Property from a Related Party
• Section 453: Installment Method in a Failed Exchange
• Farm Bill Change: Allowance of Section 1031 Treatment for Exchanges Involving Certain Mutual Ditch, Reservoir, or Irrigation Company Stock
• Use of NRCS Funds for 1031 – 9/08/08