1031 tax exchange

By Lev Mavashev THE COVID pandemic has many New York City property owners feeling like a deer in headlights: Should I push forward? Take a step back? 

The IRS has given 1031 investors some breathing room, extending deadlines for like-kind exchange deals during the corona virus outbreak.

Some of the nation’s most powerful real estate groups have written to Treasury Secretary Steven T. Mnuchin urging him to temporarily lift restrictions