Ear to the Ground
Ear to the Ground
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Section 1031: What is Real Property? Four Things You Should Know From the New Final Regulations
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IRS Proposes New 1031 Regulations – Sculptures Are Real Property, Walls Are Not

The IRS issued Proposed Regulation 117589-18 on June 11, 2020 (the “Proposed Regs”), in response to legislative changes applicable to like-kind exchange transactions (“1031s”). The Proposed Regs address transactions involving both real property and…
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Top Three Investor-Friendly Rules from the Newest IRS Opportunity Zone Notice

The IRS issued Notice 2020-39 on June 5, 2020 in response to the COVID-19 pandemic, which extended several deadlines applicable to Opportunity Zone investments.
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Opportunity Zones: A Threequel

Last month the IRS issued additional guidance in the form of more proposed regulations. The latest guidance is generally favorable to real estate investors, and reflects continuing efforts by the Government to promote the purposes and intent of the…
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Opportunity Zones: A Sequel

Several weeks ago my blog post (How Will Opportunity Zone Investing Impact the Portland Real Estate Market?) talked about the importance to investors and professionals of forthcoming guidance from the IRS. The first chapter of that guidance was…
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How Will Opportunity Zone Investing Impact the Portland Real Estate Market?

The federal tax overhaul (a.k.a. the Tax Cuts and Jobs Act) includes an intriguing tax incentive for potential investors in Portland real estate. If gains from the sale of assets are reinvested in eligible census tracts identified as Opportunity…
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