Thursday, August 20, 2009 at 09:16AM |
Staff 1033 Exchanges on the Rise
This post is just a quick commentary on recent activity levels for 1033 Tax Deferred Exchanges. We've noted an increase in 1033 Exchange activity over the last 12 months via our consulting group, and expect the activity to increase over the next couple of years, as the various stimulus programs begin to kick in and local jurisdictions begin involuntarily taking property via eminent domain for the public good.
These involuntary conversions pursuant to Section 1033 of the Internal Revenue Code can be a wonderful thing with proper advanced planning. We are creating a 1033 Exchange FAQ page and will be adding questions that we receive via email and responding to them. You are always welcome to contact our consulting group for more complete information.





