IPX1031® Insight Blog
Tax Straddling – 1031 Exchanges at the End of the Year
updated November 2023 Tax Straddling - Pay Taxes in 2024 or 2025? When a 1031 Exchange is opened in the latter part of the year, a seasonal treat worth mentioning is “tax-straddling.” If that exchange is successfully completed, those taxpayers defer taxes to receive...
IPX1031 Unleashes Its Frightfully Fun 10-31 Day Video On 10/31
IPX1031 Unleashes Its Frightfully Fun 10-31 Day Video On 10/31. Get Ready to Squeal with Delight!
1031 Cybercrime
Nationwide, fraud and cybercrime continue to escalate. In our recent research, Americans shared that 1 in 3 have been victims of identity theft and 55% have been victims of scams. Unfortunately, incidents are trending upward, which is impacting commercial real estate...
Holiday Travel Statistics: Travelers Concerns for Upcoming Season, Busiest U.S. Airports
IPX1031’s latest report provides insights into Americans’ 2023 travel plans and breaks down the U.S. airports with the most cancellations and delays.
LAST MINUTE IRS Extension Notice Extends 1031 Deadlines in California
UPDATED 10/17/2023 The 45 Day and 180 Day Postponements Today, our 1031 trade association, the FEA (Federation of Exchange Accommodators) stated:The IRS further postponed the 10/16/2023 tax deadlines for most of California to 11/16/23. This surprise announcement was...
Survey: 57% of Americans Willing to Pay More at Locally-Owned Shops
New data from IPX1031 ranks the best cities in the U.S. for hybrid workers and provides insights into Americans’ working preferences.
IPX1031 Again Named Best Overall 1031 Exchange Company
Investment Property Exchange Services, Inc. (IPX1031), the leading national provider of 1031 Exchange services, has released their annual Top Misconceptions about 1031 Exchanges for 2023.
Top 1031 Exchange Reminders You Need to Know
NEW for 2023 - Essential 1031 Exchange Reminders School is back in session and autumn has arrived. It’s a perfect time to review some key 1031 Exchange reminders: 1031 is not a tax loophole. Section 1031 has been in the tax code for almost a century as a recognized...
1031 Exchanges and Hybrid Workers
Referenced in:The rapid change from employees working exclusively in offices to working part of the time at home has resulted in challenges and opportunities for real estate investors. Areas that are attractive to hybrid workers are experiencing an increase in prices...
Americans’ Experiences with Fraud and ID Theft Data 2023
New data from IPX1031 ranks the best cities in the U.S. for hybrid workers and provides insights into Americans’ working preferences.
America’s Fraud and Identity Theft Reports by State 2023
New data from IPX1031 ranks the best cities in the U.S. for hybrid workers and provides insights into Americans’ working preferences.
Top Misconceptions About 1031 Exchanges for 2023
For 2023, here are our latest top misconceptions we've found that the public has about 1031 Exchanges. “Like-Kind” Property Reverse Replacement Property Partial Exchange Improvements Disaster Relief Extensions ID Deadlines & Extensions Vacation and Second Homes...
Best Cities for Hybrid Workers Ranking 2023 + Map
New data from IPX1031 ranks the best cities in the U.S. for hybrid workers and provides insights into Americans’ working preferences.
Investment Property Exchange Services, Inc. (IPX1031®) To Be Featured on Viewpoint with Dennis Quaid
Viewpoint with Dennis Quaid announces partnership with Investment Property Exchange Services, Inc. (IPX1031®) to showcase new 1031 Exchange educational content.
IPX1031® Parent FNF Named Again to FORTUNE 500® List
updated for 2023 FNF #359 in FORTUNE 500® Rankings - 2023 Investment Property Exchange Service, Inc.’s (PX1031) parent company, Fidelity National Financial (NYSE: FNF), again has been named to the FORTUNE 500® list. For 2023, FNF ranks 359. According to Fortune, the...
Underperforming Real Estate Assets Ripe for 1031
Underperforming real estate assets come in many varieties – dilapidated or outdated properties in need of maintenance or major updates, properties with high vacancy rates, properties with poor location - just to name a few. By utilizing a 1031 Exchange investment...
America’s Abandoned Malls Data Study 2023 + Map
New data from IPX1031 provides insights into Americans’ opinions on traditional shopping malls and what they want to see done with the closed-down retail space.
Flexibility with Combination 1031 Exchanges
Mark and Mary are selling their apartment building and are excited to make a substantial gain. Their CPA recommended structuring the sale as a 1031 Exchange in order to defer their taxes. They plan on using their gains to diversify their portfolio and purchase three...
1031 Update on Capitol Hill – May 2023
Meetings with Congress May 4, 2023 Senior managers of IPX1031, together with members of our trade association, the Federation of Exchange Accommodators (FEA) conducted over 70 meetings with Congressional members and their staff in late April. Although our mission to...
1031 Information Exchangers Should Know When Filing Your 2022 Taxes in 2023
Updated for 2023 2023 Tax Year Reminders For the 2023 calendar year, taxes are due on Tuesday, April 18, 2023 instead of April 15th. Americans get 3 extra days this year because tax day cannot be on a weekend and Washington, D.C. observes the Emancipation Day...
Agriculture 1031 Exchanges
1031 Exchanges permit taxpayers to defer the taxes that arise from the sale of investment or business real estate. An exchange is a powerful tool for those involved in agriculture such as farmers, corporate farm owners, ranchers, institutional investors, and...
Americans’ Vacation Rental Property Preferences Data Study 2023
New data from IPX1031 provides insights into Americans’ preferences and opinions on vacation rental property policies and practices in 2023.
Reverse 1031 Solutions in a Challenging Market
Reverse 1031 Solutions Rapidly rising interest rates have had an immediate impact regarding how transactions are financed and closed. Despite this challenging environment, investors are actively utilizing 1031 Exchanges to strategically structure their transactions to...
1031 Update on Capitol Hill – March 2023
Biden Releases FY2024 Budget March 10, 2023 President Biden released his FY2024 budget this week, and it again proposes a cap on deferred gain from like-kind exchanges. This doesn’t represent a new threat to Section 1031. It is just a repeat of what was in the 2023...
How Important is Your Qualified Intermediary?
Who Has Control of Your 1031 Money?Security of 1031 Exchange Funds. Whether the taxpayer is an individual or a business in a 1031 Exchange, the Tax Code requires taxpayers have no control of the proceeds from their sale until the replacement property is acquired. The...
Tax Day 2023: America’s Biggest Procrastinators
New research from IPX1031 reveals which states are the biggest procrastinators when it comes to filing taxes in 2022.
1031 Exchange Trends and Info for 2023
2023 is underway! Below are key trends, issues and points regarding 1031 Exchanges and commercial real estate. 1031 Exchange Trends and Market Update 2023 The recurring question is, after a robust 2022 for Commercial Real Estate and 1031 Exchange transactions,...
America’s 2023 Travel Outlook
Americans’ 2023 travel plans and vacation home ownership
1031 Update on Capitol Hill – December 2022
Capitol Hill Update, December 13, 2022 Once again, Santa’s sack is stuffed with two pieces of must-pass legislation to be signed, sealed and delivered before Christmas. The good news is that in spite of a few reindeer with minds of their own, the red, blue and purple...
Fourth Quarter 1031 Exchanges May Have Shorter Time Periods
For 1031 Exchanges started at the latter part of the year, the timeline to complete the exchange within 180 days is shortened.
Cities With the Most Renters and Homeowners
Renting vs. Home Buying in America
1031 Exchange Benefits To Be Thankful For
Using Multiple Tax Code Sections For Maximizing Your Money An effective way to minimize one’s tax liability is by combining the benefits of multiple tax code sections. In the 1031 Exchange industry, a way we see this strategy utilized is with the guidance provided in...
Simple Steps to Boost Your CyberSecurity
TAKE SIMPLE STEPS TO STAY SECURE! Threats to technology and confidential data from phishing scams, website spoofing, ransomware and malware are becoming more and more common. Ninety-five percent of security breaches are due to human error, so it's imperative to know...
How to Buy Your “Dream Home” with a 1031 Exchange
Ninety percent of people we recently surveyed thought owning a home is part of the American Dream. Interestingly enough, more than half believe they will never own their Dream Home – with the younger generations being most pessimistic. Great news is that with advance...
America’s Generational Dream Homes
Referenced in:If you close your eyes and imagine your dream home, where would it be? On the beach or in the city? What would it look like? Maybe you prefer new construction while others would like a cozy renovation project.Here at IPX1031, we surveyed more than 1,000...
1031 Update on Capitol Hill – August 2022
The Inflation Reduction Act was passed by Congress and signed into law by President Biden on August 16, 2022 without any changes to section 1031. This victory was the culmination of a vigorous, multiyear effort by employees of IPX1031, members of the Federation of...
Is a Partial Exchange a Valid 1031 Exchange?
Partial Exchange? Strategies to achieve 100% tax deferral. A 1031 Exchange allows a taxpayer to defer 100% of their capital gain tax liability. To do this, the exchanger must buy new Replacement Property equal to or greater than in value to the property sold and...
Top Misconceptions About 1031 Exchanges for 2022
For 2022, here are our latest top misconceptions we've found that the public has about 1031 Exchanges. Vacation and Second Homes Qualify The Term “Like-Kind” Net Sales Proceeds Reinvesting Proceeds Replacing Debt Equal or Greater Than Improvements Related Parties Last...
Welcome Pennsylvania! All Fifty States Now Recognize 1031 State Tax Deferral
NEW Pennsylvania Law to Recognize 1031 State Tax Deferral Unlike other states, when real estate was sold, Pennsylvania did not permit taxpayers to defer state taxes via a 1031 Exchange - only federal taxes could be deferred. This changed on July 8, 2022, when...
1031 Exchange and Defer? Or Sell and Pay Taxes?
Coming out of a global pandemic and rising interest rates have not hindered the positive outlook of the CRE industry. Last year saw a record number of 1031 Exchanges, and halfway through 2022, transactions remain robust. If you are considering the sale of investment...
1031 Update on Capitol Hill – June 2022
Members of Investment Property Exchange Services, Inc. (IPX1031) and of the Federation of Exchange Accommodators (FEA) continue to meet with policymakers to educate them about the powerful economic benefits of Section 1031 Like-Kind Exchanges. The updated Sustaining...
The Most Desired Airbnb Destination in Every State
Referenced in:We found the most disproportionately popular search terms relating to Airbnb rentals across the U.S. We also found the most desired Airbnb amenities in every state.Summer is here and that means Americans are ready to vacation. Demand for travel is once...
DST 1031 Exchanges – An Option to Keep on Your 1031 Radar
DSTs – An Intriguing Armchair Investment for 1031 In today’s 1031 Exchange market, Delaware Statutory Trusts (DSTs) may offer an intriguing option for investors who are looking for properties to complete their 1031 Exchanges. Why? DSTs are passive management/current...
Updated E&Y Findings Confirm Power of 1031 – May 2022
Updated findings of Ernst & Young’s (EY) May 2021 research about the Economic Contribution of Sec. 1031 Like-Kind Exchange to the US Economy in 2021 were released May 2022. The study measures not only the direct impact on taxpayers engaged in like-kind exchanges,...
Replacing Debt in a 1031 Exchange
Replacing VALUE of Debt to Fully Defer Taxes Many taxpayers (and tax advisors) are under the misconception that the IRS mandates that they must have equal or greater debt on their 1031 Exchange Replacement Property (property taxpayer is purchasing). This is not the...
IPX1031 Expert Quoted in Bisnow: Biden Is Going After 1031 Exchanges Again. CRE Is Mobilizing To Stop Him
In Bisnow’s Biden Is Going After 1031 Exchanges Again. CRE Is Mobilizing To Stop Him, IPX1031 EVP Suzanne Goldstein Baker was quoted that IPX1031 and industry partners have spent significant time and energy educating our policymakers as to the powerful economic...
1031 Update on Capitol Hill – March 2022
President Biden released his FY2023 budget this week, and it again proposes a cap on deferred gain from like-kind exchanges. This doesn’t represent a new threat to Section 1031. It is just a repeat of what was in the 2022 budget. The FY2023 proposal would allow the...
The Five Professionals to Have on Your 1031 Dream Team
We are in the height of March Madness. And the adrenaline pumped ride from Sunday Selection all the way to the championships takes hours and hours of training, strategic finesse and flawless teamwork and execution.In the 1031 game, if you or your clients are...
Tax Day 2022: America’s Biggest Procrastinators
New research from IPX1031 reveals which states are the biggest procrastinators when it comes to filing taxes in 2022.
Identity Theft Reports by State: 2022
Referenced in:As Americans prepare their tax returns this year, it’s important to be on the lookout for any signs of suspicious activity in order to avoid becoming a victim of identity theft. In 2021, there were more than 1.4 million reports of identity theft across...