On June 11, the IRS released Proposed Treasury Regulations (the Proposed Regulations) under Section 1031 of the Internal Revenue Code, as amended (the Code), which provide a much-awaited definition of “real property” and...more
On April 9, the Internal Revenue Service (IRS) issued Notice 2020-23 (the IRS Notice), which, among other things, provides certain taxpayers with additional time to invest “eligible gain” into a qualified opportunity fund...more
On Thursday, April 9, the Internal Revenue Service (IRS) issued Notice 2020-23 (the IRS Notice), which extends several deadlines, specifically including deadlines regarding Section 1031 “like-kind” exchanges....more