Reverse exchanges are commonly structured under the guidelines set forth under IRS Revenue Procedure 2000-37. A safe harbor is available for reverse exchanges under the following conditions:

  • The replacement property is purchased in the name of an "exchange acco...

Section 1031 exchanges must be completed within 180 days after the sale of replacement property. The exception is when the April income tax filing deadline falls within that 180 day period, in which case the April filing deadline trumps the 180 day deadline. In other w...

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