IRS Extends Deadlines For 1031 Exchanges And Opportunity Zone Investments
On April 9, 2020, the IRS issued Notice 2020-23 providing additional short term relief for taxpayers affected by the COVID-19 Pandemic. The IRS notice states that it provides “additional time to perform certain time-sensitive actions” that includes granting deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. With the …
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