By Amy Gustin, CES®(Bellevue, Washington) - (December 26, 2007) - In a news release initially issued by the IRS on December 13, 2007 the IRS granted tax relief for Washington storm and flooding victims. Amongst many other time-sensitive deadline extensions, the IRS specifically mentions 1031 exchanges that began prior to or on December 1, 2007. Investors currently participating in a 1031 exchanges were specifically granted a respite from the stringent time periods of the exchange if they meet certain criteria.Read more »Original post blogged on cliffgustin.com.
