Corporate Exchange Services

How does a foreign investor avoid taxation of the FIRPTA withholding in a 1031 Exchange??There are a number of strategies that may reduce or eliminate the FIRPTA withholding requirements.? See below for The Interplay between the 1031 Exchange and the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA).? https://lnkd.in/ebenYwhZ

One of the most challenging aspects of a 1031 exchange for taxpayers is identifying and acquiring a Replacement Property that aligns with their specific needs and preferences. An Improvement Exchange can provide a great solution to that issue.? Read more about it in the link below. https://lnkd.in/eF9Qj8f6

Corporate Exchange Services celebrates its 30th anniversary in business this month! Please read below, as I take a moment to tell our story and reflect on the past 30 years. https://lnkd.in/ey5uB-xc

What Qualifies as a Deductible Selling Expense in a 1031 Exchange? I often get questions from taxpayers on how much they have to reinvest to fully defer their gain and what is considered to be a deductible selling expense.?Read below to find out what typically qualifies as a deductible selling expense and what does not. HAPPY HOLIDAYS! https://lnkd.in/ef2mj9Kq?

When is a 1031 Exchange with a Related Party Allowed? Occasionally, a taxpayer contemplating a 1031 exchange wants to convey real property to or acquire real property from a related party. But is this allowed under Section 1031 of the IRC? ?Well, that depends.?Read on to find out circumstances in which an exchange involving a party related to the taxpayer has qualified for tax deferral treatment. https://lnkd.in/eUcHpXjN?

Understanding the 180 Acquisition Time Crunch in 1031 Exchanges. Navigating the intricacies of a 1031 Exchange can feel like a race against the clock—especially when it comes to understanding the timelines involved. Here’s a deeper dive into why "180 days" might not always mean a full 180 days, particularly for exchanges initiated between mid-October of any given year and December 31st. https://lnkd.in/e5nVURsv

Congratulations to the Federation of Exchange Accommodators (FEA), the only professional association for 1031 Exchange Qualified Intermediaries, on its 35th anniversary! Attending the annual FEA conference in Austin for two solid days of education, updates, networking and catching up. Always informative and valuable. Also got to see our niece's new 3D Printing factory, re:3D, her global company that believes in social change and giving back to the community. We are very proud of her amazing accomplishments. #CXSFEAmember #CXSloves1031exchanges #Bethechange

Navigating the 45-Day Deadline: Essential Guidelines for a Successful 1031 Exchange. If you're considering a 1031 exchange, you’re likely aware that these tax-deferred transactions are governed by stringent deadlines and regulations. One of the most critical aspects of a 1031 exchange is the 45-day identification period, where failure to comply can jeopardize your tax-deferred benefits. Let’s dive into what you need to know to ensure you stay on track and make the most of your exchange. https://lnkd.in/ebcHqjGt

1031 Exchange IRS Audit Triggers and Guidance: What you need to know. No taxpayer wants to hear that their tax returns are going to be audited by the IRS, including those who have effectuated a 1031 Exchange. While completing a 1031 Exchange does not trigger an IRS audit, read further to learn some of the key triggers for an IRS audit and some helpful guidance. https://lnkd.in/eVY7JkAk