The 1031 Exchange Institute

Welcome to The 1031 Exchange Institute™. The 1031 Exchange Institute is your complete online resource for 1031 exchange, 1033 exchange, 1034 exchange, 721 exchange, 453 installment sale and 121 exclusion information.  Information will also be provided regarding Self-Directed IRAs, including Traditional IRAs, ROTH IRAs, SEP-IRAs and SIMPLE IRAs. 

The 1031 Exchange Institute is dedicated to educating and informing real estate investors and their advisors on the benefits of 1031 tax-deferred exchanges and other tax deferred and tax exlcusion strategies so they can make better informed investment decisions.

IRS Issues Revenue Procedure on TICs

The IRS and the Department of the Treasury issued Revenue Procedure 2002-22 in March of 2002.  Rev. Proc. 2002-22 established guidelines under which the Internal Revenue Service would consider issuing a Private Letter Ruling or PLR for TIC investment property ownership interests acquired as like-kind replacement properties as part of a real estate investor's tax-deferred exchange transaction pursuant to Section 1031 of the Internal Revenue Code.

Rev. Proc. Provides Guidelines; Not Safe Harbor Provisions

It is important to note that Rev. Proc. 2002-22 contained guidelines for TIC Sponsors to follow and did not provide any "safe harbor" or "guaranteed" structures for TIC investment properties.

 

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